SunLife to expand over-50s offering
Dean Lamble, previously Managing Director of SunLife, has been named as the firm's CEO as it prepares to expand more widely in the over-50s market.
"With the average age of the UK population higher than it’s ever been, I believe SunLife’s deep understanding of our customers positions us perfectly to support the protection and financial needs of this group."
The company, recently bought by The Phoenix Group, has plans to expand its offering with new products, new value-added benefits for the over 50s and a multi-million pound advertising campaign that introduces a ‘Welcome to life after 50’ positioning.
Dean joined SunLife four years ago having previously led businesses for Aviva and prior to that in technology with Hewlett Packard and Compaq Computers.
Dean said: "I am proud to continue to lead a unique direct marketing retailing business with such a high calibre team focusing on servicing the needs of the growing and exciting over 50s market.
"People over 50 make up a third of the UK population yet are still underserved by most financial services brands. With the average age of the UK population higher than it’s ever been, I believe SunLife’s deep understanding of our customers positions us perfectly to support the protection and financial needs of this group."
Andy Moss, Phoenix Life CEO, commented: "We’re delighted to confirm Dean as the Chief Executive of the business. Dean has a clear vision for enhancing the offering to the over 50s population coupled with a unique blend of experience across insurance, direct marketing and technology which will enable SunLife to serve its current and future customers well in meeting their needs."
Breaking news
Direct to your inbox:
More
stories
you'll love:
This week's biggest stories:
First-time Buyer
Just one profession pays enough for buyers to afford average UK home
Inflation
Interest rates could rise as Bank of England responds to oil shock
FCA
APPG urges overhaul of 'systemically flawed' UK financial conduct regulation
Bank Of England
Bank of England holds interest rates as inflation risks persist
This week's biggest stories:
First-time Buyer
Just one profession pays enough for buyers to afford average UK home
Inflation
Interest rates could rise as Bank of England responds to oil shock
FCA
APPG urges overhaul of 'systemically flawed' UK financial conduct regulation
Bank Of England
Bank of England holds interest rates as inflation risks persist
FCA
FCA confirms new incident reporting and third party rules
Mortgage Rates
Average mortgage rates rise above 5% as market turbulence continues