View more on these topics

Royal London moves to combine business

Royal London has unveiled the new structure of its combined international business.

In June, the firm announced it would be merging Scottish Life International and Scottish Provident International to boost operations in the offshore sector.

SLI chief executive David Kneeshaw will lead operations for the combined businesses which are now based in the Isle of Man at the previous location of Spila’s head office.

Simon Pack becomes international sales director with responsibility for the international sales teams in Germany, Hong Kong, the Middle East and South Africa.

David White is UK sales director responsible for the UK sales teams, wrap distribution, sales support and technical development. SLI finance director Mike Crelin becomes finance and commercial director for finance, actuarial, marketing, underwriting, investment dealing and project activity.

Spila operations & IT director Dave Cameron takes on the role of operations director responsible for customer service and IT for the combined business.

Kneeshaw says: “Work is continuing on selecting the name of the combined business. But the executive’s primary objective is to have the business looking and feeling like one company by the end of the year. Beyond that, our future success will be built on sharing and using our combined strengths.”


Leeds deal adds 30 RIs at Towergate

Towergate Financial has bought Leeds adviser firm Paramount Group as part of plans to have 340 RIs within two years compared with 44 in July. Paramount has 30 RIs and advises in the corporate, trust, medical, family and matrimonial sectors.

Value judgement

Adviser nervousness over the prospects for investment markets is perhaps not surprisingly causing an increased interest in struc-tured products, according to a poll carried out by Keydata last month.

Global income: preparing for a rate rise…

In the five years since we launched the Artemis Global Income Fund, its manager Jacob de Tusch-Lec has built a distinctive portfolio that is first among its peers. Here he explains why his “quality, cyclical and value yield” stocks, and flexible approach, leave the fund better placed to benefit from uncertainty than funds that depend […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm