Standard Life has overhauled its UK operation following a senior management review and launched a dedicated adviser and investment unit.
The move follows the top tier management reshuffle in June, which saw Paul Matthews named chief executive of UK and Europe.
Changes to the UK operation include the retail adviser, proposition and wealth and investment solutions businesses reporting into Richard Charnock, under the new ‘advisers and investments' business unit.
The firm's corporate arm will be rebranded ‘workplace' under Ronnie Taylor. He will also remain accountable for Standard Life's implementation of the Retail Distribution Review (RDR).
Marketing, retail customer relationship and private client management (PCM) will transfer into a new business unit, ‘customer & marketing', under Stephen Ingledew.
Standard Life added UK marketing director Bruce Kelsall would leave the firm in October.
Group operations officer Sandy Begbie and Nathan Parnaby CEO of Asia and Emerging Market have also undertaken restructuring projects.
A Standard Life spokesperson said: "Today's changes allow us to take further advantage of the significant progress we've made transforming the operational and financial performance of Standard Life."
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