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Press Releases
2011 Archive
20 December 2011
Investment Funds Direct Limited (IFDL) has appointed Rob Beverley as Institutional Sales Director with immediate effect.
16 December 2011
Independent wrap Ascentric has integrated with Prestwood Professional back office software enabling Financial Planners to receive bulk valuations for all their Ascentric clients.
14 December 2011
Scottish Life, the pensions specialist arm of the Royal London Group, has announced the appointment of Sarah Scott as Head of Regional Distribution, (North and Scotland).
Scottish Life appoints new Head of Regional Distribution, (North and Scotland)
8 December 2011
Scottish Life, the pensions specialist arm of the Royal London Group, has announced the appointment of Julius Pursaill and Colin Taylor as independent members of the Investment Advisory Committee (IAC), replacing Andrew Barrie who recently stepped down.
7 December 2011
Royal London, the UK’s largest mutual life and pensions company, is pleased to announce that the Royal London Foundation’s first Degge & Ridge award has gone to the Tea Time Club, operated by the Corstorphine Dementia Project in north west Edinburgh.
The Royal London Foundation announces £25k Degge & Ridge Award
6 December 2011
The results of a survey run by Ascentric show that advisers are now ‘more confident about the financial services sector than they were a year ago’.
1 December 2011
70% of Scottish Life individual customers opt for Governed Range.
70% of Scottish Life individual customers opt for Governed Range
29 November 2011
The Isle of Man TT’s longest existing sponsor has confirmed its commitment to the event for the next three years.
28 November 2011
Scottish Life, the pensions specialist arm of the Royal London Group has added 10 new funds to its investment fund range.
25 November 2011
Ashcourt Rowan Asset Management’s Managed Portfolio Service is now available through the Ascentric wrap platform.
9 November 2011
Bright Grey has today (9 November) launched ‘Bright Touch’, a free iPhone app that allows advisers to access product information wherever they are.
7 November 2011
Royal London Asset Management (RLAM) announces the launch of the Royal London International Government Bond Fund, targeted at the wholesale market.
RLAM announces launch of Royal London International Government Bond Fund
4 November 2011
Advisers using the Ascentric platform can now upload details of their monthly charges direct into IntelliFlo’s Intelligent Office (IO) system providing greater integration between the wrap platform and the financial software provider.
Ascentric integrates with IntelliFlo’s commission module for advisers
2 November 2011
Royal London, the UK’s largest mutual life and pensions company, today announces strong new business results for the nine months to 30 September 2011.
Interim Management Statement and New Business Results for the 9 months to 30 September 2011
31 October 2011
Royal London Asset Management (RLAM) is pleased to announce the appointment of Grant Hadland as Head of Consultant Relationships within its Institutional Business Development team.
RLAM appoints Grant Hadland as Head of Consultant Relationships.
28 October 2011
Independent wrap Ascentric has added Hawksmoor Investment Management to the fast growing list of Discretionary Fund Managers (DFMs) on its platform.
24 October 2011
Royal London Asset Management (RLAM) announces the appointment of Neil Wilkinson as manager of the £514 million Royal London European Growth Fund.
Neil Wilkinson appointed manager of Royal London European Growth Fund
20 October 2011
Independent wrap Ascentric has added 12 Discretionary Fund Managers (DFMs) to its platform over the last 6 months.
14 October 2011
3rd Ascentric conference to focus on managing change
13 October 2011
Royal London Asset Management announces two promotions within its property team.
4 October 2011
Industry protection experts have made some key recommendations on how to increase the appeal of critical illness products for consumers.
INDUSTRY EXPERTS CALL FOR ACTION TO BE TAKEN TO BOOST APPEAL OF CRITICAL ILLNESS
26 September 2011
Independent wrap Ascentric has moved its head office into new offices in Bath to accommodate its recent rapid growth and Managing Director, Hugo Thorman, predicts the future is very exciting.
9 September 2011
Royal London, the UK’s largest mutual life and pensions company, has announced that the Royal London Foundation is open for nominations for the £25,000 Degge & Ridge Award 2011.
The Royal London Foundation launches nominations for £25k Award
8 September 2011
Scottish Life launches Fantasy Rugby Game for financial advisers
Scottish Life launches Fantasy Rugby Game for financial advisers
8 September 2011
Royal London Asset Management (RLAM) announces that the Royal London Cash Plus Fund has been assigned a credit rating of ‘AAA’ and a fund volatility rating of ‘V1’ by Fitch Ratings.
8 September 2011
Independent wrap Ascentric has today launched its new ‘brand’ look to reflect more clearly the sophistication of its IT infrastructure, the nature of its business and echo the transparency of the platform.
6 September 2011
Sales and Marketing Director Richard Goodall has resigned his position at the independent wrap platform after more than two years at the company.
31 August 2011
John Deane, Chief Executive of Royal London's intermediary division (Scottish Life, Bright Grey, Scottish Provident and Royal London 360°) is cycling 949 kilometres (almost 600 miles) through France to raise money for two charities.
24 August 2011
Scottish Life, the pensions specialist arm of the Royal London Group, has announced that from 14 November 2011, the underlying investment within the Scottish Life UK Mid Cap Specialist Pension Fund will change from Schroder UK Mid 250 to Franklin UK Mid Cap Fund*.
Scottish Life makes changes to UK Mid Cap Specialist and US Core Plus Pension Funds
22 August 2011
Scottish Provident’s “Critical Illness Claims Paid Summary” released today reveals nearly £47 million was paid out to its critical illness policy holders during the first six months of 2011. The report shows that 91 per cent of all claims made were paid.
SCOTTISH PROVIDENT PAID OUT £47 MILLION FOR CRITICAL ILLNESS CLAIMS IN THE FIRST HALF OF 2011
22 August 2011
Royal London 360° has increased its African sales team.
Royal London 360° appoints new Regional Sales Consultant – Africa
15 August 2011
Royal London, the UK’s largest mutual life and pensions company, today announces its financial and new business results for the 6 months ended 30 June 2011.
8 August 2011
Royal London, the UK’s largest mutual life and pensions company, has today announced proposed changes following a review of the UK operations of the Royal Liver business.
5 August 2011
The protection specialist Bright Grey has announced that it paid 90% of critical illness claims in the first six months of the year, with only 4% of claims declined for non-disclosure. The average pay out was £77,000.
28 July 2011
Scottish Life, the pensions specialist arm of the Royal London Group, has welcomed the recent paper “Delivering value to middle Britain”, published by the Finance & Technology Research Centre (F&TRC), for stimulating discussion about the future of pension advice for those who fall outside the high net worth bracket.
Scottish Life welcomes debate around pensions for middle Britain
21 July 2011
Bright Grey is delighted to announce that it has reduced premiums for plan holders with reviewable life or critical illness cover.
15 July 2011
Royal London, the UK’s largest mutual life and pensions company, has announced that it has entered into exclusive talks with Co-operative Financial Services (CFS) to acquire its life assurance and asset management businesses, representing around 2 million policyholders and £20 billion of funds under management.
1 July 2011
Royal London, the UK’s largest mutual life and pensions company, has confirmed that, having received all the relevant regulatory approvals, the transfer of Royal Liver’s assets and liabilities to Royal London has been completed.
30 June 2011
Royal London 360° has withdrawn credit card fees on its regular premium whole of life international* protection product, LifePlan.
27 June 2011
Royal London 360° has launched a new Split Trust for use with its whole of life international* protection product, LifePlan.
24 June 2011
Royal London 360° has been named ‘Highly Commended’ in the Best International Life Group category of the 2011 International Fund and Product Awards.
24 June 2011
Independent wrap Ascentric announces it has been operating as a profitable platform for the last two months. This follows announcing a record increase of 72% in new assets for the first quarter of this year and the platform reaching the £3bn assets under administration (AUA) milestone last month.
23 June 2011
Some 37 per cent of British adults (almost two in five) currently describe themselves as either stressed or very stressed according to Scottish Provident’s latest Financial Safety Net report**.
22 June 2011
Royal London Asset Management (RLAM) announces the launch of the Royal London Cash Plus Fund, an institutional fund investing in cash deposits, other money market instruments and short-dated government securities.
23 May 2011
Scottish Provident today announced substantial changes to its critical illness definitions as part of its pledge to redefine the protection market.
Scottish Provident introduces market leading critical illness definitions
23 May 2011
Royal London 360° has appointed Vicky Ackers to the role of ‘Head of Investment’.
23 May 2011
Bright Grey has made significant changes to its critical illness cover by introducing seven new definitions, five of which will pay the full amount of the sum assured and two that will provide additional cover for early forms of cancer.
Bright Grey makes massive leap with its critical illness cover
16 May 2011
Independent wrap Ascentric has reached a further milestone by passing £3bn assets under administration.
12 May 2011
Scottish Life, the pensions specialist arm of the Royal London Group, received four awards at this year's Financial Adviser Life & Pensions awards, which were presented yesterday (11 May) in London.
12 May 2011
Royal London, the UK’s largest mutual life and pensions company, has welcomed the announcement that the Transfer of Royal Liver’s Engagements to Royal London has been approved.
Royal London welcomes Delegates’ approval of Royal Liver’s transfer
9 May 2011
Royal London Asset Management (RLAM) announces the launch of the Royal London UK Ethical Equity Fund (the Fund).
4 May 2011
Royal London, the UK’s largest mutual life and pensions company, today announces its new business results for the 3 months ending 31 March 2011.
New Business Results and Interim Management Statement for 3 months ending 31 March 2011
21 April 2011
Royal London, the UK’s largest mutual life and pensions company, is delighted to announce the launch of its own charitable foundation, The Royal London Foundation.
12 April 2011
Royal London, the UK’s largest mutual life and pensions company, and Royal Liver Assurance have signed a Transfer Agreement...
7 April 2011
Royal London 360° has appointed Nadja McKenzie as its new Head of Sales – Africa.
7 April 2011
Following the start of the new tax year, independent wrap platform Ascentric is holding a series of Tax Planning and Investment Seminars for advisers in London (16th May), Bristol (17th May) and Birmingham (19th May) led by Tony Wickenden of Technical Connection.
Tony Wickenden headlines Ascentric’s Tax Planning & Investment Seminars
6 April 2011
Scottish Provident’s life cover claims summary released today reveals it paid out over £37.5 million* during 2010.
Scottish Provident paid out 98% of Life Cover claims in 2010
31 March 2011
Significant increase in financial strength, improved new business margins and healthy profits.
Royal London Financial Results for year ended 31 December 2010
29 March 2011
Royal London, the UK's largest mutual life and pensions company, today announces the appointment of Phil Loney as Group Chief Executive.
28 March 2011
Women are leaving themselves seriously under-insured financially according to a report from protection specialist, Bright Grey.
25 March 2011
Scottish Life, the pensions specialist arm of the Royal London Group, has been named 'Best Pension Provider' at this year's Money Marketing Financial Services Awards, which were presented yesterday evening (24 March) at The Grosvenor House Hotel in London.
22 March 2011
Royal London, the UK’s largest mutual life and pensions company, has today announced bonuses for 2010 for with profits policies in the Royal London Long Term Fund and in the closed Scottish Life Fund1.
8 March 2011
As women throughout the world celebrate today’s 100th anniversary of the first International Women’s Day, a study from protection specialist Bright Grey has underlined another step forward in equality.
Working women increasingly assume financial independence on this international women’s day
4 March 2011
Independent wrap platform Ascentric today announces the appointment of Rob Baillie as Head of Technical Sales. Reporting to Sales & Marketing Director Richard Goodall, Baillie will be responsible for expanding the platform’s technical support to IFAs and developing its product partner engagement.
3 March 2011
Over nine in ten IFAs (92%) state that getting on or moving up the property ladder is the main reason why clients seek a new protection policy, according to Scottish Provident’s Financial Safety Net report*.
2 March 2011
One in six adults living alone are finding it tougher than ever to live within their means and are overspending on their lifestyles according to the ‘Salary Gap’ study by protection specialists Bright Grey.
24 February 2011
Impressive new business performance; up 26% in difficult market conditions.
21 February 2011
Independent wrap Ascentric today announces the re-launch of its website www.ascentric.co.uk.
10 February 2011
Almost a century after women asserted their right to vote, a new report from protection specialist, Bright Grey reveals another step forward in equality by highlighting that almost half (46%) of working women currently describe themselves as the main earner in their household.
Working women take financial control - but neglect to protect themselves
2 February 2011
£700 is being split between Age Concern and Alzheimer’s Society (Isle of Man) following the sale of raffle tickets during the staff Christmas party, which went ahead at Mount Murray despite the heavy snow which brought much of the Island to a standstill in December.
Two Manx charities to benefit from Christmas generosity of Royal London 360° staff
1 February 2011
Scottish Provident, one of the UK's leading protection providers, has been awarded the maximum 5 Star rating by Defaqto for its critical illness product for the seventh successive year.
1 February 2011
Scottish Life, the pensions specialist arm of the Royal London Group, has announced that from 2 May 2011, the underlying investment within the Scottish Life Europe Specialist Pension Fund will change from Artemis European Growth to Neptune European Opportunities.
Scottish Life makes changes to Europe Specialist Pension Fund
1 February 2011
Protection specialist Bright Grey has been awarded the maximum 5 Star Rating by independent financial research company Defaqto for its critical illness product for the second year running.
29 January 2011
Since the start of the 'credit crunch' in 2007 and the subsequent economic downturn in 2008, over 30 million* people believe that the average British family’s standard of living has declined, according to Scottish Provident’s Financial Safety Net report**.
Over 30 million Britons believe their standard of living has fallen since 2007
28 January 2011
Royal London Asset Management (RLAM) today confirms the appointment of Quentin Smith as Marketing & Communications Manager with immediate effect.
21 January 2011
Bright Grey has enhanced its critical illness cover by extending the definitions of three critical illnesses it covers as from Monday 24 January.
11 January 2011
Macmillan Cancer Support Isle of Man will benefit from £275 thanks to a recent 'Big Bushy Beard Bonanza' at Royal London 360°.
6 January 2011
Royal London 360° has re-launched Choice, its single premium portfolio bond for the Hong Kong market.
4 January 2011
Royal London 360° has re-vamped its single premium international portfolio bond, PIMS (Personal Investment Management Service) with a range of exciting new features, enhancing its proposition to investors.
Hello Money Penny! Royal London 360° enhances its PIMS proposition