Adviser > Investment for Advisers > Advisory Committee > Investment governance
Investment governance
The cornerstone of our governance framework is our independent Investment Advisory Committee.
The Investment Advisory Committee (IAC) meets on a regular, usually quarterly, basis to review our risk-graded Governed Portfolios and fund range. Their review covers the following types of questions:
- What is the best blend of assets to meet our customers' objectives?
- The outlook for the economy is concerning, how should we change their asset mix?
- The long-term fundamentals for one asset class has changed, should the best mix change?
- There has been a change of fund manager, would it be best to switch funds?
- Should the amount invested in UK and overseas equities be changed?
This process is deliberately about taking a long-term view to ensure that investment decisions are based on sound fundamentals.
To help the IAC make these decisions, they review a substantial amount of material each time. This includes confidential OBSR fund reports, a comprehensive risk report from Barrie & Hibbert and market commentary from Royal London Asset Management, who manage the internal Scottish Life fund range.
A summary of each committee meeting is published as as soon as possible following the meeting. View the latest summary or list of meeting summaries.
Who's on the committee?
The IAC comprises of six pensions and investment experts.
Currently, the committee comprises:
- Phil Loney, Group Chief Executive, Royal London Group
- John Deane, Chief Executive, Royal London Intermediary
- Andy Carter, Chief Executive Officer, Royal London Asset Management
- Ewan Smith, Group Product Development Director, Royal London Intermediary
- Julius Pursaill, Independent member
- Colin Taylor, Independent member
For professional advisers only
