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Scottish Life: A division of Royal London

Investment  >  Advisory Committee  >  Advisory Committee profile

Advisory Committee profile

Governance - what does it mean for investors?

In its widest sense, governance is the framework established to ensure decisions are taken in the best interests of investors. We want our customers and their advisers to be confident that key decisions are taken in the context of stated objectives - and in line with their expectations at the time they decide to invest with us.

Of course, for Scottish Life customers, ultimate control over the running of their pension assets rests with the board of Royal London. So how do we ensure that investors' best interests are met?

Advisory Committee

We have established an Advisory Committee, reporting into the Royal London board, whose remit covers every aspect of the running of our unit-linked fund range. Critically, the Committee operates independently of Royal London Asset Management (RLAM), who have day-to-day running of our investment linked fund range.

Transparent decision-making

It is critical to us that this framework not only works in the best interests of our investors, but that it is seen to do so. Transparency is essential for the delivery of a modern solution.

A summary of the proceedings of each Committee meeting will be published as soon as possible following the meeting. The latest is available by visiting Meeting summaries.

Governance is now rightly at the heart of the government and regulator agenda for the financial services industry. At Scottish Life, we have developed a framework that takes this issue seriously and that takes the necessary steps to deliver it now, ahead of general industry movement.

You can have full confidence that your long-term savings' aims will be met in an appropriate manner, reviewed regularly and open to external scrutiny, given full transparency in our process.

Governance - at the core of everything we do.

                                                                                                         

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© Scottish Life, St Andrew House, 1 Thistle Street, Edinburgh, EH2 1DG.
Scottish Life is a division of Royal London and markets products produced by Royal London. Royal London consists of The Royal London Mutual Insurance Society Limited and its subsidiaries. The Royal London Mutual Insurance Society Limited provides life and pension products, is a member of the Association of British Insurers and is authorised and regulated by the Financial Services Authority, registration number 117672. Royal London Marketing Limited acts as an insurance intermediary for general insurance products and is authorised and regulated by the Financial Services Authority, registration number 302391.