UK based Royal London has appointed Positive Solutions (PosSol) risk and compliance director Ricky McKinney as head of compliance intermediary to cover Bright Grey, Scottish Provident and Scottish Life.
McKinney replaces Tom Elliott in the role who is retiring after 29 years with the provider.
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In his new role, he will report directly into head of regulatory risk and compliance James McCourt.
McKinney will officially leave PosSol in September 2013 having been in the role since October 2012.
In June former PosSol owner Aegon has agreed to sell the national IFA network to Intrinsic. The deal is expected to be completed in the third quarter of this year and will see Aegon acquire an equity stake in Intrinsic.
Royal London has reported strong sales for its Scottish Life pensions business and wrap platform Ascentric for the first six months of this year, as profits at the mutual rose to £113 million.
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