Less Ads, More Data, More Tools Register for FREE

Pin to quick picksSL..L Share News (SL.)

  • There is currently no data for SL.

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Standard Life UK & Europe Pensions & Savings Head To Retire In August

Thu, 26th Jan 2017 10:27

LONDON (Alliance News) - Standard Life PLC said Thursday the head of its UK & Europe Pensions & Savings operation will retire this year.

The FTSE 100-listed pensions and insurance provider said Paul Matthews, current chief executive of UK & Europe Pensions & Savings, will retire from the company at the end of August.

In preparation, Matthews will stand down as an executive director from the beginning of March.

His place on the board and his responsibilities for the Pensions & Savings business will be taken by Barry O'Dwyer, currently chief executive of Standard Life Assurance Ltd.

O'Dwyer has previously held the role of managing director of Workplace & Corporate Pensions at Standard Life, as well as being the former deputy chief executive of Prudential PLC in the UK & Europe.

"My thanks go to Paul for his service over the past 28 years. His dedication and commitment to Standard Life during that time is unparalleled and we owe him a tremendous debt of gratitude. We will miss him," said Gerry Grimstone, chairman of Standard Life.

"I would like to welcome Barry to the board. His extensive knowledge of the savings market will provide valuable insight to inform our thinking and ensure customer and client interests remain at the centre of our decision making," added Grimstone.

Shares in Standard Life were up 1.3% at 354.20 pence Thursday.

By Adam Clark; adamclark@alliancenews.com

Copyright 2017 Alliance News Limited. All Rights Reserved.

More News
29 Jun 2016 08:48

BROKER RATINGS SUMMARY: Merrill Lynch Upgrades Burberry To Buy

Read more
27 Jun 2016 15:25

BROKER RATINGS SUMMARY UPDATE: Deutsche Lifts ITV To Hold From Sell

Read more
17 Jun 2016 15:41

UPDATE 1-HDFC Life in talks to buy Max Life in India insurance consolidation

* Companies enter into exclusive merger talks for 60 days * HDFC Life puts IPO plan on hold, deal to give automatic listing (Recasts with executive comments, details) By Devidutta Tripathy MUMBAI, June 17 (Reuters) - India's HDFC Standard Life Insurance Co Ltd has begun talks

Read more
17 Jun 2016 08:04

HDFC Standard Life looking at merger with Max Life, Max Fin Services

(ShareCast News) - Standard Life said its 35%-owned HDFC Standard Life Insurance was in talks with Max Financial Services to look at a possible merger of their insurance units. HDFC is India's largest mortgage lender. Max Financial Services runs Max Life.

Read more
17 Jun 2016 07:36

LONDON MARKET OPEN: Banks, Insurers Lead Gains As Brexit Concerns Ease

Read more
17 Jun 2016 07:19

UPDATE: Standard Life India Venture Enters Max Financial Merger Talks

Read more
17 Jun 2016 06:58

TOP NEWS: Standard Life's India Unit Enters Into Max Merger Talks

Read more
13 Jun 2016 11:51

Financials, insurers pace drops

(ShareCast News) - The latest Brexit poll results sent traders scurrying for cover as they revealed another small lurch towards the UK leaving the European Union on 23 June. Although most analysts appeared wary of trusting the results of polls, especially those of the on-line variety, on Monday book

Read more
13 Jun 2016 09:25

WINNERS & LOSERS SUMMARY: Inmarsat Shares Up On SpeedCast Partnership

Read more
13 Jun 2016 07:35

LONDON MARKET OPEN: Pound Slides; G4S Says Employee Is Orlando Killer

Read more
10 Jun 2016 21:12

Insurers and banks lead falls

(ShareCast News) - A renewed move lower in government bond yields across the globe weighed on financials, especially UK-listed life insurers, which some analysts believed were the most exposed sector of UK equity market to falling market interest rates in the US. The yield on the benchmark 10-year U

Read more
10 Jun 2016 09:50

WINNERS & LOSERS SUMMARY: Vectura Shares Rise After Skyepharma Tie Up

Read more
10 Jun 2016 08:42

BROKER RATINGS SUMMARY: Deutsche Bank Says Sell PageGroup And Hays

Read more
3 Jun 2016 16:08

LONDON MARKET CLOSE: Gold Sparkles As US Rate Hike Looks Further Away

Read more
2 Jun 2016 13:33

Thursday newspaper share tips: Vertu Motors, Old Mutual

(ShareCast News) - Car dealer Vertu Motors has had a "Buy" opinion placed on it by the Telegraph's Questor column, which cites likely improvements to next year's results and broker upgrades after news of a recent deal. The Gateshead-based outfit said on Wednesday that it had nabbed five car deale

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.