Royal London 360° has appointed Mike Lane as wrap relationship manager, a new role the firm created to meet increasing investor demand for wrap products.
Lane, who will also maintain his current position as international sales manager, will be responsible for providing offshore bond and taxation training and support to UK-based IFAs. He will also be looking to develop relationships with new providers and associated distribution channels, the Isle of Man life company said.
He has been at Royal London for three years and was previously at Barclays Estates and Trusts and holds an MBA, ACIB and is a Fellow of the Personal Finance Society.
Mike Crellin, commercial director of Royal London 360°, said: “In recent years we have built up very close relationships with our wrap providers who we see as business partners and not simply wholesalers.
“Mike’s expertise will undoubtedly be an invaluable resource for them and I look forward to developing those relationships further as we move into 2010 and beyond.”