Guaranteed solutions specialists Aegon Ireland has today announced the appointment of Paul Sherlin as Head of Third Party Propositions, to lead the company’s drive to offer its guaranteed solutions to more UK customers through partnerships with financial institutions such as platforms, life companies and banks.
Sherlin has extensive experience in product development across several European markets, having previously held senior roles at Legal & General International and Norwich Union International. Prior to assuming this role he held the position of Head of Offshore Bond Development, advising Aegon on their UK offshore market strategy.
Duncan Robertson, Marketing Director at Aegon Ireland commented: “Since the budget changes were announced in 2014 we’ve spent time discussing our guaranteed solutions with a range of platforms and life companies, sounding out their appetite to provide these guarantees to their own customers. The feedback has been extremely positive, with companies clear that guaranteed solutions are going to play an increasingly important role in meeting their customers’ needs. In recognition of the importance we place on this business, we’ve taken the opportunity to appoint Paul to lead our efforts in expanding our presence in this developing market. ”
Paul added: “I’m delighted to have the opportunity to make our range of guaranteed income and capital solutions available even more widely through building new partnerships. We’re seeing unprecedented demand for guarantees as a result of pension freedoms and will be using our existing market leading expertise in this area to design new structures that meet the specific needs of our partners and their customers.”