The deputy managing director of Standard Life’s advice business 1825 is leaving the company after eight months.
Peter Heckingbottom was deputy managing director of Pearson Jones when it was acquired by Standard Life in February.
The deal marked the launch of Standard Life’s advice arm 1825. Pearson Jones formed the North East hub of the advice proposition, and Standard Life plans to launch further hubs throughout the UK as it makes further acquisitions.
Heckingbottom was North East hub deputy managing director, and reported to North East hub managing director Tim Johnson.
The 1825 business is led by chief executive Steve Murray.
Standard Life has appointed Steve Lloyd to replace Heckingbottom. Lloyd is a chartered financial planner and joins from NatWest Private Clients.
A Standard Life spokeswoman says: “Having played a key role in both transitioning Pearson Jones to become 1825’s North East hub and creating the 1825 client proposition, Peter Heckingbottom has decided to leave the business to pursue other opportunities.
“Over the past six months, Peter has played a key role in developing the 1825 client proposition, centralised investment solutions and advisory guidelines.
“We’d like to thank Peter for the great work he has done both for Pearson Jones, and more latterly for 1825, and wish him every success in his future career.”