New IAC member appointed

10 March 2015
We are delighted to announce the appointment of Rachel Elwell as a member of the Investment Advisory Committee (IAC) with effect from 24 February 2015.

Rachel is Investment Office and Staff Pensions Director at Royal London and brings a wealth of experience in pensions, benefits and investments to the IAC having previously worked as a director at PricewaterhouseCoopers (PwC) prior to joining Royal London in 2011. Rachel is a qualified pensions actuary with over 15 years’ experience and her main responsibilities include managing our staff pension schemes and running Royal London’s Investment office, which supports the Board Investment Committee in overseeing its investment assets.

Rachel replaces Phil Loney, Group Chief Executive of Royal London, on the IAC. Phil has been a member of the IAC for over three years and is happy that we have in place an established robust governance process. This move allows Phil to focus on our customer standards committee and the IAC benefits from Rachel’s in-depth investment experience.

The addition of Rachel to what is already a robust and transparent process will help maintain a copper-bottomed governance framework that underpins our risk targeted centralised investment propositions and wider investment proposition.

To find out more about the IAC and its members visit our IAC page.

Last updated: 25 Mar 2016

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The Royal London Mutual Insurance Society Limited is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Registered in England and Wales number 99064. Registered office: 55 Gracechurch Street, London EC3V 0RL.