Scottish Widows shows commitment to annuity market with new hire

Stuart, who begins with the Group on 6th May, has almost twenty-five years of experience in the insurance industry, covering customer insight, business development and driving growth in annuities and protection. Previously, Stuart has held senior roles at Hannover Re, Swiss Re and GE Insurance Solutions.

Reporting to Richard Jones, Scottish Widows’ Director of Annuities, Bancassurance and Protection, Stuart will spearhead growth and the development of new retirement income solutions covering annuities, income drawdown and other options that can help customers manage their income throughout retirement.

Richard Jones, Director, Annuities, Bancassurance and Protection at Scottish Widows said:

“I am delighted to welcome Stuart to Scottish Widows and his in-depth experience, expertise and knowledge will be integral in helping us achieve our ambition of being the leading player in the at retirement market.  We are very excited about the prospects for the UK retirement market, and following the recent budget changes, we are focussing on developing our range of solutions for customers both in annuities and drawdown.”

Stuart Paton Evans said:

“I am excited about the opportunities available to Scottish Widows, which as part of Lloyds Banking Group is uniquely well positioned to deliver retirement solutions for customers.”