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Press Releases
2010 Archive
18 December 2010
This Christmas almost 5.5 million adults (11%) will fall into debt to pay for their festive fun, according to a report from the protection specialist Bright Grey.
Almost 5.5 million adults set to spend more than they can afford this Christmas
9 December 2010
Ascentric, the independent wrap platform, today announces the appointments of Suzanne Lacey and Max Newman as Business Development Managers in the South West and South East respectively.
30 November 2010
The Isle of Man TT’s longest existing sponsor has reaffirmed its commitment to the event in 2011.
Royal London 360° confirms commitment to Isle of Man TT for eighth consecutive year
26 November 2010
Scottish Life, the pensions specialist arm of the Royal London Group, has again received independent validation of the processes underpinning its Governed Range, the unique investment proposition launched in January 2009.
Scottish Life’s investment governance process endorsed again
23 November 2010
Independent wrap Ascentric today announces a new charging structure that will make it more competitive for advisers placing lower value cases on the platform.
Ascentric broadens its appeal through new charging structure
22 November 2010
Royal London 360° has increased the fund ranges of three of its regular premium products, giving clients a wider investment choice.
19 November 2010
Scottish Life, the pensions specialist arm of the Royal London Group, has been voted 'best for service' in the life and pensions category in this year’s Financial Adviser Awards and also retained the 5 Star Award it gained for 'Excellent Service' in 2009. The awards were presented at a dinner held at the National History Museum in London last night.
18 November 2010
Scottish Life, the pensions specialist arm of the Royal London Group, has seen a significant increase in uptake of the Governed Range, with two out of three new individual customers (65%) now using the Range.
Two-thirds of Scottish Life individual customers opt for Governed Range
8 November 2010
Royal London Asset Management (RLAM) today confirms that it has converted its remaining four unit trusts to Open Ended Investment Company (OEIC) structures, having gained strong unitholder support.
3 November 2010
Continuing strong performance as markets remain difficult.
Interim Management Statement and New Business Results for the 9 Months ending 30 September 2010
28 October 2010
Scottish Life, the pensions specialist arm of the Royal London Group, has extended the use of Origo’s Options to include pension transfers.
Scottish Life extends use of Origo Options to pensions transfers
25 October 2010
Scottish Provident, one of the UK’s leading protection providers, has today announced pricing changes to its life and critical illness cover rates.
Scottish Provident announces re-pricing of life and critical illness cove
19 October 2010
Royal London Asset Management (RLAM) announces the appointment of David Billyard as Business Development Manager reporting to Head of Wholesale Relationships, Ian Goulsbra, with immediate effect.
RLAM appoints David Billyard as Business Development Manager
19 October 2010
Royal London 360°’s Head of Investments has been appointed Chair of the Association of International Life Offices (AILO) Investment Committee.
Royal London 360° Head of Investments appointed Chairman of AILO Investment Committee
19 October 2010
A new tool, Fund Research Centre, has launched on independent wrap platform Ascentric. Users of the platform can now access all their fund research and fund related material in a single place, providing market leading support to advisers analysing their investment solutions for clients.
18 October 2010
Almost 40 million* Britons are unaware of what financial support is currently available from the Government.
18 October 2010
Royal London 360° is continuing its support of Under 11 football in the Isle of Man for another season.
Royal London 360° confirms its commitment to Under 11 football in the Isle of Man
14 October 2010
Following the success of last year’s events, independent wrap platform Ascentric is running its second series of conferences in November with Professor Richard Scase as its keynote speaker.
Professor Richard Scase to headline Ascentric Conferences in November
1 October 2010
Almost four million Britons will be unable to maintain their current lifestyle beyond February 2011 if they had to live off their current 'emergency' financial provisions, according to Scottish Provident's Financial Safety Net report*.
30 September 2010
Royal London 360° has won the ‘Best New UK Product’ and ‘Best Estate and Trust Planning Product’ prizes for its Select Discounted Gift Trust (DGT) at the recent International Adviser Awards in London.
29 September 2010
Employees at Edinburgh-based protection insurance provider, Bright Grey, are joining forces with comedian Craig Hill to raise money for Maggie’s Cancer Care Centre in Edinburgh. The comedian will be special guest at a pampering evening on Wednesday 6 October at Ghillie Dhu.
15 September 2010
Assets on the Ascentric platform have now passed £2 billion marking a record period of growth for the independent wrap platform. Total assets under administration have grown by 75% since the start of 2010.
11 September 2010
John Deane, Chief Executive of Royal London's intermediary division (Scottish Life, Bright Grey, Scottish Provident and Royal London 360°) is today (Saturday 11 September) due to complete a 584 mile cycle ride, taking in three countries in just eight days, to raise money for Macmillan Cancer Support.
6 September 2010
Royal London 360° has made a further addition to its team in the Middle East with the appointment of Steve Hopkinson as Regional Sales Consultant.
Royal London 360° makes further Sales Appointment in Middle East
3 September 2010
The protection specialist Bright Grey has announced that it paid 98% of life claims in the first six months of the year – a 2% improvement on last year’s figures. The average payout was £77,000.
3 September 2010
Independent wrap Ascentric announces the launch of the Royal London Property Fund on the platform. Managed by Royal London Asset Management (RLAM), the fund is a Property Authorised Investment Fund (PAIF) and is the only one of its type in the market.
1 September 2010
Royal London 360° has added two new benefits to its whole of life international protection product, LifePlan, to mark its first birthday.
31 August 2010
Operating profit increases as markets remain challenging Royal London, the UK’s largest mutual life and pensions company, has announced its financial results for the 6 months ended 30 June 2010.
27 August 2010
Royal London, the UK’s largest mutual life and pensions company, has announced that Mike Yardley, Group Chief Executive since 1998, is planning to step down.
25 August 2010
Users of the independent wrap Ascentric now have access to Tax Elected Funds (TEF) for the first time following the launch of Querns Income First Fund on the platform. The fund is provided by Querns Asset Managers and is managed by former New Star managers Stephen Whittaker and Phil Roantree.
19 August 2010
Independent wrap Ascentric today announces the launch of the MC Trustees QROPS (MCT Malta Private Retirement Scheme) on the platform. It is the first QROPS to be launched on a UK wrap platform.
6 August 2010
Independent wrap Ascentric announces the launch of Somerset Capital Management on the platform.
5 August 2010
The protection specialist Bright Grey has announced that it paid 95% of critical illness claims in the first six months of the year, with only 1.7% of claims declined for non-disclosure. The average pay out was nearly £90,000.
4 August 2010
Independent wrap Ascentric announces the integration of its platform with adviser support services provider True Potential.
28 July 2010
Royal London, the UK´s largest mutual life and pensions company, today announces its new business results for the 6 months ending 30 June 2010.
26 July 2010
The £393m* Royal London UK Special Situations Fund has enjoyed excellent relative performance since its launch on 20th July 2007.
RLAM´s UK Special Situations Fund celebrates excellent three year performance
19 July 2010
‘Macmillan Cancer Support Isle of Man’ and ‘Friends of Robert Owen House’ are set to benefit from the Parish Walk achievements of staff at Royal London 360°.
Two local charities to benefit from Royal London 360° staff Parish Walk achievements
14 July 2010
Standard & Poor’s (S&P), the global ratings agency, has reaffirmed Royal London’s rating as A- and raised the outlook to ‘positive’ (previously ‘stable’).
Standard & Poor’s improves Royal London’s rating to ‘positive’ outlook
14 July 2010
Independent wrap platform Ascentric today announces the launch of its unique Key Features Builder Tool for advisers.
9 July 2010
Over 10 million UK adults going away this year (32%) are racking up debt in order to fund this year’s summer holiday, a new survey by Bright Grey has found.
Over 10 million people rack up debt just to get away this summer
6 July 2010
Children who play in the Royal London 360° Junior Football Under 11 League have been presented with their winners and runners-up prizes at the annual Isle of Man Junior Football League Awards at the Villa Marina.
Winners of the Royal London 360° Under 11 Football League congratulated in ceremony at Villa Marina
25 June 2010
Staff at Edinburgh based insurance provider, Bright Grey, part of the Royal London Group, have helped to restore a local memorial garden to its former glory.
25 June 2010
Intrinsic Financial Services, one of the UK’s largest and fastest growing adviser firms, has today announced the selection of Investment Funds Direct Limited (IFDL) as the wrap technology to power the future growth of their business.
Intrinsic Financial Services select IFDL to power their own Wrap Proposition
21 June 2010
Macmillan Cancer Support Isle of Man is to benefit from a donation of £2,000 from Royal London 360°.
Royal London 360° staff play 864 holes of golf for Macmillan Cancer Support
17 June 2010
Two thirds (65%) believe that a key worker's death would have a severe impact on their business. Yet less than one fifth (18%) have key employee insurance.
16 June 2010
Jennifer Gilchrist at Scottish Provident comments on today’s unemployment figures
14 June 2010
Royal London 360° has appointed James Parsons as its new Regional Sales Consultant covering the Middle East. He joins the life assurance company from a similar role at Friends Provident International (FPI), where he was also based in Dubai.
Royal London 360° appoints new Regional Sales Consultant in the Middle East
11 June 2010
Independent wrap platform Ascentric is running four educational Masterclasses for advisers and paraplanners at the end of June.
8 June 2010
Royal London Asset Management (RLAM) has converted its Royal London Exempt Property Unit Trust (RLEPUT) to a Property Authorised Investment Fund (PAIF) structure in a move to attract a broader range of investors including multi managers and wealth managers.
8 June 2010
Staff at Edinburgh based insurance provider, Bright Grey, part of the Royal London Group, have raised over £22,000 for charity after a bumper fundraising weekend.
Bright Grey staff help raise over £22,000 for charity in one weekend
4 June 2010
Two lucky Royal London 360° employees have been given the opportunity of a lifetime thanks to ‘Ramsey Rocket’ Conor Cummins.
Conor gives Royal London 360° staff the opportunity of a lifetime!
2 June 2010
Royal London, the UK’s largest mutual life and pensions company, has appointed Simon Cocker as head of new markets for Royal London National Partnerships reporting to Andy Peters, National Partnerships Director for Royal London’s Intermediary Division.
Royal London appoints National Partnerships Head of New Markets
18 May 2010
Actions taken over the last year have averted a depression but investors should not expect a return to pre-crisis market euphoria, according to Robert Talbut, Chief Investment Officer of Royal London Asset Management (RLAM).
17 May 2010
Bradley Mitchell, manager of the Royal London UK Growth Fund, has seen his long term investment in Rockhopper, a UK-based, AIM-listed company with significant drilling licences in the Falkland Islands, pay off.
RLAM’s Bradley Mitchell strikes oil with Rockhopper discovery
14 May 2010
Independent wrap platform Ascentric today announces the appointment of Jon Finn as IT Director.
4 May 2010
Royal London, the UK’s largest mutual life and pensions company, today announces its new business results for the 3 months ending 31 March 2010.
New Business Results and Interim Management Statement for 3 months ending 31 March 2010
30 April 2010
Royal London, the UK’s largest mutual life and pensions company, has announced that Trevor Bish-Jones has resigned as a non-executive director.
23 April 2010
Royal London Asset Management (RLAM) will convert a further six unit trusts to Open Ended Investment Company (OEIC) structures on 30 April 2010, following strong support in the unitholder voting process.
23 April 2010
Staff at Edinburgh based insurance provider, Bright Grey, are celebrating after it was awarded Investors in People (IIP) gold standard following a recent assessment.
22 April 2010
The property component of the Royal London Long Term Fund has taken top honours at the IPD/IPF Property Investment Awards for the third time in five years.
21 April 2010
Every junior cyclist competing in the Royal London 360° Isle of Man youth cycling league now has a compact first aid kit thanks to the life assurance company.
Royal London 360° comes to the aid of the Isle of Man’s junior cyclists
20 April 2010
Please find the latest edition of Macrobites, including articles from our Economist, Ian Kernohan and our head of Credit, Eric Holt.
20 April 2010
Royal London Asset Management (RLAM) has promoted Ian Goulsbra to the role of Head of Wholesale Relationships with immediate effect.
RLAM appoints Ian Goulsbra as Head of Wholesale Relationships
12 April 2010
Royal London 360° is adding a new trust to its range which reduces the value of an individual’s estate for UK Inheritance Tax purposes (UK IHT).
Royal London 360° launches new Discounted Gift Trust for its Select offshore bond
8 April 2010
Royal London, the UK’s largest mutual life and pensions company, has announced that Duncan Ferguson has joined its Board as a non-executive Director, effective from 1 April 2010.
7 April 2010
Royal London 360° has helped a local primary school to buy a new minibus for pupils in its special unit.
Royal London 360° helps local school to purchase new minibus
6 April 2010
Royal London 360° is launching a new regular premium savings product for international investors, called Quantum.
Royal London 360° launches new savings product ‘Quantum’ for international markets
31 March 2010
Significant increase in financial strength, improved new business margin and healthy profits
Royal London Financial Results for year ended 31 December 2009
31 March 2010
The Isle of Man’s Hyperbaric Chamber is set to benefit from the generosity of staff at Royal London 360°.
30 March 2010
Scottish Life, the pensions specialist arm of the Royal London Group, has added 39 new funds to its investment fund range, expanding into 18 new sectors, with 5 new investment partners.
29 March 2010
Royal London, the UK's largest mutual life and pensions company, has today announced bonuses for 2009 for with profits policies in the Royal London Long Term Fund and in the closed Scottish Life Fund
23 March 2010
Royal London 360° has promoted Richard Gerrard to Head of Customer Services.
22 March 2010
Royal London 360° staff have raised £692.10 for Sport Relief.
22 March 2010
Ascentric, the independent wrap platform, today announces the appointment of Julia Dobell as a Business Development Manager in the North.
Ascentric strengthens its Business Development team in the North
18 March 2010
Royal London 360° has promoted Andrew Dudgeon to Product and Investment Marketing Manager.
Andrew Dudgeon appointed Product and Investment Marketing Manager at Royal London 360°
17 March 2010
While today’s news that unemployment figures have fallen for the third consecutive month is certainly positive, it should be approached with a certain degree of caution.
16 March 2010
Scottish Life, the pensions specialist arm of the Royal London Group, has launched an improved range of employee-focused marketing material for its Retirement Solutions range of corporate pensions
15 March 2010
Staff at Edinburgh based insurance provider, Bright Grey, part of the Royal London Group, have created a stunning sensory garden at a children’s centre in Musselburgh.
15 March 2010
North East based national IFA network Moneygate today announces the selection of Independent wrap Ascentric as their chosen wrap platform.
12 March 2010
Independent wrap platform Ascentric today announces the launch of a new branding service that will enable advisers to offer a seamless branded experience to clients.
9 March 2010
Evercore Pan-Asset has launched their two PanDynamic Funds on independent wrap platform Ascentric.
4 March 2010
Royal London Asset Management (RLAM) is delighted to announce its equity team has won two prestigious awards at the Lipper Fund Awards 2010, held on 3rd March 2010.
4 March 2010 RLAM named Best Equity Group - Large at Lipper Fund Awards 2010
4 March 2010
Bright Grey, a protection specialist within the Royal London Group, has announced that it paid 96% of life claims made last year with an average pay out of £92,000.
24 February 2010
Bright Grey, a protection specialist within the Royal London Group, has announced that it paid 93% of critical illness claims last year, with only 2% of claims declined for non-disclosure.
19 February 2010
Following agreement with Capita, underwriting services previously provided by Capita will transfer to Scottish Provident, resulting in the addition of about 80 underwriters for the Glasgow-based protection insurer.
Underwriting Services transfer from Capita to Scottish Provident
17 February 2010
Scottish Provident, one of the UK’s leading protection providers, has reported a four-fold increase in sales of its critical illness plans on an income basis, often known as family income benefit, as cost conscious consumers seek to protect their family’s future in the event of a critical illness or death.
Scottish Provident Sees Increase In Demand For Family Protection
15 February 2010
Scottish Life, the pensions specialist arm of the Royal London Group, has won the highly respected “Ultimate Default Fund” award at the annual Corporate Adviser Awards.
15 February 2010
Prosperity IFAs and Stockbrokers has selected independent wrap Ascentric as its platform solution to power their whole of market model.
Ex-Edward Jones advisers Prosperity select Ascentric to power their new business
10 February 2010
Scottish Provident, one of the UK’s leading protection providers, who pioneered the launch of the first menu style protection plans in the UK 14 years ago, is reminding IFAs of the flexibility of menu style plans and the advantages they offer to clients looking for a value added product which can protect them for the long term
9 February 2010
Royal London Asset Management (RLAM) confirms the launch of the Royal London Global Index Linked Fund (the Fund) to help investors hedge against potential increases in global inflation and target more attractive yields outside the UK.
5 February 2010
Scottish Life, the pensions specialist arm of the Royal London Group, has highlighted a significant increase in the use of its core investment proposition, the Governed Range.
Scottish Life highlights significant increase in use of Governed Range
3 February 2010
Royal London, the UK’s largest mutual life and pensions company, today announces its new business results for the 12 months ending 31 December 2009.
2 February 2010
Royal London Asset Management (RLAM) is planning to convert a further four unit trusts to OEICs (Open Ended Investment Companies) at the end of February 2010.
1 February 2010
Scottish Life, the pensions specialist arm of the Royal London Group, has announced the winner of its 2010 Age Change Campaign prize draw
26 January 2010
Scottish Provident, one of the UK’s leading protection providers, has today announced extensive pricing changes to its income protection rates.
Scottish Provident announces major repricing of income protection rates
25 January 2010
The Isle of Man branch of Macmillan Cancer Support will benefit from the athletic abilities of four members of the Royal London 360° team.
20 January 2010
Royal London 360° has appointed Mike Lane as Wrap Relationship Manager. He also maintains his current responsibilities as International Sales Manager for the company covering the South West of England.
14 January 2010
Independent wrap platform Ascentric today announces the launch of the HSBC ETF range to its users.
14 January 2010
Manchester-based CBG Financial Services has selected independent wrap Ascentric as its preferred platform solution to power its transition to a post-RDR world.
CBG Financial Services selects Ascentric to power its RDR transition plans
13 January 2010
Jim Smith, Group Distribution Director at Royal London, has been appointed as a non-executive director of Origo Services Limited.
12 January 2010
Almost £5 billion** will be spent in the January sales in the UK this year as shoppers defy the recession and start the new decade with some serious splurging.