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Royal London appoints new group investment director

Royal London appoints new group investment director By Jean-Baptiste Andrieux 19 Royal London has appointed Vidur Bahree as group investment director. He will report to group chief financial officer Daniel Cazeaux and has over 20 years’ experience in financial services. He was part of the Phoenix Group management team that led the consolidation of the closed life funds sector from 2005. Bahree also established and led Phoenix’s financial management group where he developed and implemented its asset-liability management strategy. Later on, he joined Aviva as group investment director where he brought together the group’s insurance investment management leadership worldwide. More recently, Bahree served as senior advisor at Boston Consulting Group before joining Just Group as consultant.

Royal London takes 30% stake in equity release provider

Royal London takes 30% stake in equity release provider Subject to FCA approval Barry O Dwyer: We believe that later life lending will become a core part of financial planning. Royal London has taken a 30% stake in equity release provider Responsible Group as it predicts later life lending will become a core part of financial planning . The mutual insurer said the deal, which is subject to regulatory approval, would include both Responsible Life and Responsible Lending businesses. Royal London entered the later life lending market. Sign In To read this story please register PA is dedicated to championing professional advisers. It helps you build your business, service clients and generate sustainable income.

Royal London takes 30% stake in Responsible Group

Royal London acquires 30% stake in later life specialist

Insurance giant believes equity release ‘will become a core part of financial planning’ UK life and pensions firm Royal London has bought a 30% stake in later life lending and product specialists Responsible Life and Responsible Lending (Responsible Group). This deal enables Royal London to participate in the market and support the Responsible Group to continue delivering later life solutions. It also strengthens the existing partnership between the two companies, which started in September 2020 with the launch of a jointly branded later life lending service. Royal London said: “The later life lending market has significant growth potential as it offers customers with equity in their homes additional choices at retirement, be it to supplement their income, gift capital to family, or invest in improving their homes or achieving lifetime goals.”

El frío, el mejor aliado en el tratamiento contra el cáncer de próstata para preservar la continencia y función sexual

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