Steve Bee to leave Scottish Life
25 November 2009
Wednesday, 25 November 2009
Scottish Life, the pensions specialist arm of the Royal London Group, has announced that Steve Bee, Head of Pensions Strategy, will be leaving on 20 January.
John Deane, Chief Executive of Scottish Life, said:
"They say that all good things must come to an end and Steve has been a very good thing for Scottish Life. We'd like to thank him for all he's done during his time with us. Steve has helped Scottish Life become a major player in the market, with real product innovation and an excellent service proposition. We'll be giving him a good send off when he goes, with our very best wishes for the future."
Steve Bee said:
"It was an incredibly difficult decision that I had to take to leave Scottish Life after over 12 years with the business. I can't think of any other provider company that would have given me the freedom and the support to do what I've been doing. I've had some really memorable times, especially 'on the road', meeting IFAs throughout the UK and discussing pensions with them.
"At the present time I can't say anything about the new job I'll be starting in January except that it's a new venture, which is very exciting for me, and it's not in any way a competitor of Scottish Life.
"I'm going to be pretty busy over the next few weeks, completing my commitments here and also saying my farewells to colleagues. I'll be wishing them every success for the future and I'm absolutely sure that Scottish Life will continue to build on the many successes it's achieved in recent times."
- ENDS
For further information please contact:
Scottish Life
Alasdair Buchanan, Head of Communications
Tel: 0131 456 7133
Polhill Communications
Sally Biggs
Tel: 020 7655 0520
Editors Notes:
Scottish Life was founded in 1881 in Edinburgh as a proprietary company, becoming a mutual company in 1968.
On 1 July 2001, Scottish Life demutualised and transferred its business to The Royal London Mutual Insurance Society Limited. Scottish Life is a division of Royal London and is the specialist pensions business within the Group, providing individual and group pensions to the market via intermediaries.
Scottish Life and Royal London's other intermediary businesses are based mainly in Edinburgh where 1,140 staff are employed, with 710 working in other parts of the UK and overseas.
Royal London Group is a specialist financial service provider. Its businesses focus on those sectors of the market which value quality propositions, operating through a number of brands:
- Scottish Life – UK pensions market
- Bright Grey – UK protection market
- Scottish Provident – UK protection market
- Royal London 360° – offshore investment markets
- RLAM – fund management
- RLAS – life and pensions administration
- Fundsdirect / Ascentric – funds supermarket; Wrap platform
Royal London also distributes life and pensions products through Santander's UK branch networks.
Royal London is the largest mutual life and pensions company in the UK with Group funds under management of £35.5 billion. Group businesses serve around 3.6 million customers and employ 2,800 people. Figures quoted are as at 30 September 2009.