View more on these topics

Royal London poaches PosSol compliance director


Positive Solutions risk and compliance director Ricky McKinney is joining Royal London as head of compliance intermediary.

McKinney replaces Tom Elliott, who is retiring after 29 years with the provider. He will report to head of regulatory risk and compliance James McCourt.

A note sent to advisers last week by PosSol chief executive Peter Coleman confirmed McKinney’s departure.

Coleman said: “I write to inform you that after 10 years with Positive Solutions, Ricky McKinney will be leaving us during September.

”Although from a business perspective I am disappointed that Ricky has decided to leave, I am personally delighted for him and his family that he has been offered a very senior position that, at this stage in his career, is too good to turn down.”

McKinney will officially leave PosSol in September, having been in the role since October 2012.

PosSol says McKinney was offered the job prior to the firm’s acquisition by Intrinsic in June.

The acquisition deal saw former PosSol parent Aegon take a 7 per cent stake in Intrinsic.

McKinney’s role will be taken up by Intrinsic’s compliance team.

PMI Independent Financial Advisers director John Stewart says: “I am sure a company like Intrinsic have the compliance capability to take over McKinney’s duties.”


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