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Patricia Corrigan
PR Manager

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Royal London appoints Iain McLeod as Director of Investment Proposition

Published  16 October 2024
   1 min read

Royal London, the UK's largest life, pensions and investment mutual, has appointed Iain McLeod as Director of Investment Proposition.

Reporting to Chief Commercial Officer, Julie Scott, and heading up the Investment Proposition team, Iain joins to lead the development of investment solutions for advisers across individual and workplace pensions, working closely with Royal London Asset Management. 

Iain joins from M&G Wealth as Head of Investment Proposition, following over 35 years at abrdn and Standard Life in a variety of investment, saving and proposition roles. Iain’s experience includes working closely with the UK adviser community to develop and deliver client-centric investment solutions.

Julie Scott, Chief Commercial Officer at Royal London commented:

"Iain's wealth of experience means he is an excellent addition. His previous roles in both life and investment companies make him perfectly placed to lead the team to support advisers in making key investment decisions for their clients.

"As a result of its long-term performance and the value it offers, our popular flagship Governed Range now has £66bn of customers' money under management. Iain and the team will be focused on continuing to strengthen that offering, along with developing our broader investment suite, to ensure Royal London continues to be a compelling choice for advisers looking to deliver positive customer outcomes."

Iain McLeod, Director of Investment Proposition, added:

"I’m delighted to join the Royal London team. The investment conversation is continuing to evolve at pace, with advisers increasingly looking for cost-effective and value for money alternatives to the packaged portfolio solutions which have been popular over the last few years. This is where Royal London comes in. Our mutual status, range of products, strong performance and commitment to working with advisers enables us to offer solutions firmly aligned to client objectives."

For further information please contact:

Patricia Corrigan, PR Manager   

About Royal London

Royal London is the UK's largest customer-owned life, pensions, and investment company, and one of the top 30 mutuals globally*. With over 160 years of heritage and no external shareholders, we're able to take a long-term view, focusing on supporting better outcomes for our customers.

Today, Royal London looks after 8.4 million life and pension policies, with £212 billion of assets under management and over 5,000 colleagues**. In 2026, we shared £199 million of our profits with approximately 2.4 million eligible customers.

We invest in partnerships that reflect our values, including being the only Founding Partner of the first British & Irish Lions Women's Team, supporting women's and girls' rugby across grassroots and elite levels to help develop the next generation of players and coaches. All driven by our commitment to doing what's right for our customers. 

Royal London works for you.

Discover more at royallondon.com.

*Based on total 2024 premium income. International Cooperative and Mutual Insurance Federation Global data, 2026.

**Figures quoted are as at 30 June 2026.