Wisdom has been with Skandia since 2011, most recently as head of protection product and pricing. He has been with parent company Old Mutual Group for a total of 10 years in various parts of the business including product, finance and risk management.
In his new role, Wisdom will be responsible for developing Skandia’s customer proposition, including new and existing products as well as pricing strategy for its UK, international and continental Europe business.
A particular focus will be the development of the new retirement income proposition following the proposed changes announced in the Budget 2014.
Wisdom will report to customer solutions director at Old Mutual Wealth Carlton Hood.
“We believe that customers need three principle elements to help them secure their financial future – the best financial advice, relevant managed investment portfolios and tax-efficient product solutions,” Hood said. “Gower will be responsible for developing the range of solutions we offer and ensuring they form part of an integrated proposition that adds value to financial advisers and is based on an understanding of different customer needs,” he added.
“I am really excited to be taking on the role of product director at such an exciting time for the business,” Wisdom said. “The acquisition of Intrinsic and the launch of our new WealthSelect managed portfolio service, combined with our existing products give us a great springboard for growth,” he added.
