British Stereotypes Are ‘So Yesterday’ Says Royal London
Royal London - the UK’s largest mutual life and pensions company – is today (26 September) hosting its inaugural member event at Lord’s cricket ground in London.
The event, hosted by Alastair Stewart, OBE will offer members of the mutual a chance to engage with a panel of experts, as they discuss wide-ranging issues - from the changing needs of British consumers and the performance of financial markets, to the UK economy and the pension revolution.
Panellists include Rt. Hon Lord Lamont, former Chancellor of the Exchequer. He will be joined by Louise Cooper, a independent financial analyst; along with Royal London experts: Clare Salmon, Group Brand Director; Robert Talbut, Chief Investment Officer of Royal London Asset Management; and Fiona Tait, Business Development Manager for Scottish Life.
Ahead of the event, keynote speaker Clare Salmon, Group Brand Director at Royal London, explained:
“At Royal London we spend a good deal of time getting to understand that enigmatic creature The British Consumer so that we can shape what we do to reflect their needs. We see a changing landscape in which old stereotypes are less and less relevant. Despite signs of economic hope, consumers have become significantly more self-reliant in their outlook and aware of the need to provide for themselves as well as care for a growing variety of dependents; both adult children lurking at home and ageing family members.
“Furthermore, working lives are increasingly complex. Despite the desire to help themselves, the financial services industry has made this task more challenging by shrouding what we do in a dense fog of what we call 'Finglish'- financial services jargon. At Royal London we’re on a mission to eradicate this, and today we have sought to enlist our members help in the challenge.”
Following Clare, Robert Talbut and Fiona Tait will share their outlook on two rapidly changing areas: the investment market and pensions arena.
Robert Talbut, Chief Investment Officer of Royal London Asset Management (RLAM), said:
“Today we live in an increasingly uncertain economic world, yet we have access to more insights than ever before to help us understand what affects investment markets. If knowledge is power how do we use it? I am delighted to have the chance to explain to our members how we hold the businesses that we invest in ‘to account’. I’m looking forward to offering them my investment outlook.”
Fiona Tait, Business Development Manager Scottish Life (part of the Royal London Group), said:
“Much has been reported of the UK savings gap – as a nation we are not saving enough; and this is compounded by the fact people are living longer and need to be able to fund a longer retirement. But this doesn’t just affect those approaching retirement - it’s inter-generational, affecting young and old. I’m really looking forward to hearing members’ views on the Government’s new pension rules; do they fear or crave the choice? How will they respond to the new responsibility the changes will bring?”
After the keynote speeches, attendees will have opportunity to engage in lively debate with a panel of experts; and then join them for Afternoon Tea in the Lord’s Long Room. During Tea members will have the chance to talk to Alec Stewart, former England cricket Captain; and Charlotte Edwards, the Captain of England’s Women’s cricket team.
Royal London looks forward to welcoming around 150 members to the occasion which it hopes will be the first of many exclusive events its members can enjoy.
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Note to editors:
- The event is exclusively for Royal London Members. It will run during the afternoon of 26th Sept at Lord’s.
- *The jargon and sandwich generation figures are sourced from the Money Advice Service. Full details at: www.moneyadviceservice.org.uk/en/static/media-centre
For further information please contact:
- Nancy Baynes, PR Manager: 020 7 506 6585 / 07919 170524 or firstname.lastname@example.org or
- Mona Patel, Head of Corporate PR: 020 7015 2525 / 07919 171964 email@example.com
About Royal London:
Royal London is the largest mutual life and pensions company in the UK with Group funds under management of £77bn. Group businesses serve around 5.3m customers and employ over 2,900 people. (Figures quoted are as at 30 June 2014). Over the next two years the Group is moving to operate all of its UK life, pension and investment business under a new version of the Royal London brand. Royal London Asset Management is now under the new master-brand. The Scottish Life, Scottish Provident and Bright Grey brands will migrate over the next 18 months. Ascentric will remain branded Ascentric. More information at www.royallondon.com.