Skandia, part of Old Mutual Wealth, has hired Gower Wisdom as new product director.
In his new role, Wisdom will be responsible for developing Skandia’s customer proposition, including product and pricing strategy for its UK, International and Continental Europe business.
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Wisdom will also be responsible for developing new products and enhancing existing products to deliver value to financial advisers and customers.
Additionally, he will particularly focus on the development of the new retirement income proposition following the proposed changes announced in the Budget 2014.
Wisdom will be reporting to Carlton Hood, customer solutions director at Old Mutual Wealth.
Wisdom, who joined Skandia since 2011, most recently served as head of protection product & pricing. Previously, he has been involved in the development of Skandia’s protection proposition and managed the launch of its new high quality critical illness product in April last year. He has worked at Old Mutual group for 10 years in several roles including product, finance and risk management.
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By GlobalDataCarlton Hood said: "Gower will be responsible for developing the range of solutions we offer and ensuring they form part of an integrated proposition that adds value to financial advisers and is based on an understanding of different customer needs."
Gower Wisdom said: "The acquisition of Intrinsic and the launch of our new WealthSelect managed portfolio service, combined with our existing products give us a great springboard for growth. I look forward to developing products that support this growth and our strategy of becoming the UK’s best retail investment business."
