Barrie & Hibbert Supporting Scottish Life
Last updated 19th March 2009 - Barrie & Hibbert has been chosen by Scottish Life to support the launch of its Governed Range investment proposition for the individual and group pensions markets
Barrie & Hibbert has been chosen by Scottish Life – the pensions specialist arm of the Royal London Group - to support the launch of its Governed Range investment proposition for the individual and group pension markets. The Governed Range has been designed to help advisers comply with regulatory requirements; to provide a leading-edge product for their clients; and to help advisers achieve greater commercial success within their own business.
Following the launch of Barrie & Hibbert’s Product Risk Services in 2008, the company has been working closely with Scottish Life to help develop an investment framework which is built around clearly defined customer objectives, risk profiles and period to retirement. Barrie & Hibbert’s Product Risk Services ensure that the strategic asset allocation benchmarks which underpin the framework continue to match these defined objectives.
Nick Leitch, Head of Investment Marketing at Scottish Life, said: “We recruited the expertise of leading consultancy Barrie & Hibbert to help us develop key elements of the new package. The challenge we gave ourselves was to design and deliver a proposition which is market-leading in terms of flexibility, functionality and value. Barrie & Hibbert‘s product risk analysis service played an important part in helping us to provide a range of strong investment solutions. These are particularly suited to advisers who recognise the benefit of getting support to deliver quality investment advice, within a ‘Treating Customers Fairly’ framework, at no additional cost.”
Barrie & Hibbert’s Head of Product Risk, Phil Mowbray says of the relationship “We are delighted to work with Scottish Life in the development of investment solutions which are central to their proposition in the individual and group pension markets. Our approach is based around working with our clients to develop solutions to meet their needs. This collaboration helped to ensure that they developed the best investment propositions possible.”