Royal London Asset Management has appointed Lee Hollingworth to the newly created role of DC and retirement proposition director.
In this role Hollingworth will focus on developing innovative pension propositions for both Royal London’s members and DB and DC clients.
Hollingworth joins from Franklin Templeton, where he was most recently head of UK retirement. Prior to this he worked for more than 13 years at Hymans Robertson where he was a partner and head of DC consulting, advising some of the UK’s largest pension schemes.
At RLAM he will report to Susan Spiller, head of proposition, and will work across both Royal London Asset Management and Royal London Mutual Insurance Society.
Spiller says:“This is a pivotal time for the pensions market and [Hollingworth’s] expertise of both DC and DB schemes, coupled with his strategic approach, will be invaluable as we enhance our pension proposition.”
Hollingworth adds that this appointment comes at a time when “the needs of DC investors are paramount”. He adds: “I look forward to developing solutions to support our customers achieve their best outcomes.”
