Edge quits Royal London AM after just six months

UK - Chris Edge has resigned from the post of head of sales and marketing at Royal London Asset Management (RLAM) after just six months in the job, following a disagreement on business strategy with RLAM CEO Chris Phillips.

Phillips comments: “We had a discussion about the strategies of developing the business and at the end of that we agreed to part company.”

He added: “ We have a very energetic and enthusiastic sales team and I need to corral them in the direction we need to go and I think we will get a lot out of them. I’m sorry Chris is not going to be with us, but I don’t think it will make a huge difference in our ability to win business and expand.”

Phillips declined to elaborate further on Edge’s departure, apart from wishing him the best in the future.

Recently, Edge had outlined plans for RLAM to enter the UK defined contribution (DC) pensions market by the end of this year, leveraging on the dc solutions platform it acquired with the buy-out of Scottish Life in October last year.

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