Scottish Lifeís investments available on O&Mís Pensions Profiler
27 March 2012
Scottish Life, the pensions specialist arm of the Royal London Group, confirms Governed Portfolios and Fixed Tracker Lifestyle Strategies are now on O&M's Pensions Profiler, This means that advisers can easily compare the cost of Scottish Life's award winning investment proposition against other pension providers.
Governed Portfolios were launched three years ago and have delivered healthy returns in excess of inflation for customers. The portfolios have well defined and strictly controlled ongoing governance, include automatic switching and updates, ensuring the investment choice remains appropriate all the way to retirement.
Pensions Profiler is a system to help advisers research the most appropriate pension policy for their client, comparing over 7,000 funds and providing justification for their choice of product for compliance purposes.
Lorna Blyth, Investment Marketing Manager at Scottish Life said:
"Advisers will save time and money by being able to compare us directly against the competition. It further demonstrates our commitment to empower advisers with the information they need to make it easier to do business with Scottish Life.
"Advisers can gain further reassurance from the fact that 70% of Scottish Life individual customers opted for the Governed Range in 2011, accounting for around 6.5%* of all new individual business in the UK."
The Governed Portfolios are part of our award winning Governed Range, which has just won the Corporate Adviser Ultimate Default Fund award for the third year in a row.
*2011 Scottish Life and Association of British Insurers figures
For further information please contact:
Alasdair Buchanan, Head of Communications
0131 456 7133
Lorna Blyth, Investment Marketing Manager
0131 470 1360
020 7566 6750
Scottish Life was founded in 1881 in Edinburgh as a proprietary company, becoming a mutual company in 1968.
On 1 July 2001, Scottish Life demutualised and transferred its business to The Royal London Mutual Insurance Society Limited. Scottish Life is a division of Royal London and is the specialist pensions business within the Group, providing individual and group pensions to the market via intermediaries.
Scottish Life and Royal London's other intermediary businesses are based mainly in Edinburgh where 1,060 staff are employed, with 780 working in other parts of the UK and overseas.
Royal London Group is a specialist financial service provider. Its businesses focus on those sectors of the market which value quality propositions, operating through a number of brands:
- Scottish Life - UK pensions market
- Bright Grey - UK protection market
- Scottish Provident - UK protection market
- Caledonian Life - ROI protection market
- Royal London 360į - offshore investment markets
- RLAM - fund management
- Royal London Plus - life and pensions administration
- Ascentric/IFDL - Wrap Platform
- MoneyVista - online financial planning service for consumers
Royal London is the largest mutual life and pensions company in the UK with Group funds under management of £46.2 billion. Group businesses serve around 4 million customers and employ 2,940 people. Figures quoted are as at 31 December 2011.