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Standard Life appoints former Hymans head of DC investment

by Muna Abdi
August 2, 2023
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Standard Life has appointed Callum Stewart as head of investment proposition distribution.

Stewart and his team will offer specialised knowledge of investment solutions for Standard Life’s workplace division. They will also be in charge of marketing the company’s investment product and fostering new connections with clients and advisers in the workplace pension market.

Stewart joins from Hyman Robertson, where he most recently served as head of DC investment and was an expert in investing in and funding pension plans.

Whilst there he pioneered the 10-10-10 rule of thumb for taking into account potential rewards from illiquid investments for members as well as the integration of climate and sustainability into the company’s investment proposition.

Additionally, he helped the industry-wide productive finance working groups produce their manuals for determining value, including that of illiquid investments. 

Standard Life head of investment solutions Gareth Trainor says: “I’m pleased to welcome Callum to Standard Life. The thought leadership, industry presence and drive that Callum brings will be invaluable in delivering our long-term strategy and will build on our already strong sustainable investing credentials.”

Stewart says: “I’m absolutely delighted to join this talented and successful investment solutions team and contribute to enhancing investment outcomes for millions of customers across the UK. There’s a positive culture and strong desire to do the best for customers within this business, driven by an increasingly significant focus on sustainable investing, and I’m excited to be a part of this. 

“The changing environment presents a new set of challenges for providers to overcome and I’m looking forward to applying my knowledge and experience to contribute to the next stage of Standard Life’s development, bringing fresh ideas and practical experience on sustainable and illiquid investing to improve outcomes for a diverse range of customers.

“Having worked in the employee benefit consultancy space and contributed to the industry shift to embracing the cost to value shift, I’m now looking forward to continuing this work in my new role.”

 

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