Scottish Life executive to leave financial services job

Scottish Life executive Steve Bee is set to leave his financial services job with the organisation in January.

Mr Bee will be leaving his role as head of pensions strategy in order to set up a new pensions business at Paradigm.

He will work alongside Paradigm chief executive Paul Hogarth in his new financial services job, with the yet-to-be-named company scheduled to get started in the second quarter of 2010.

Mr Hogarth expressed his delight at managing to tempt Mr Bee into joining his organisation.

"To have been able to lure him.into distribution will be of huge benefit to the adviser community and will, I'm sure, prove to be one of the highlights of my career," he said.

John Deane, chief executive of Scottish Life, expressed his disappointment at the departure but wished Mr Bee well for the future.

Mr Bee himself described the decision to leave his financial services job with Scottish Life after 12 years with the firm as "incredibly difficult".

Updated: 27 November 2009.
Categories: finance-and-accounting, market-and-industry-news.