Canada Life has appointed Tim Coulson as its’ new Managing Director of Bulk Purchase Annuities, reporting in to Lindsey Rix, Chief Executive, UK.
Tim has spent many years working in financial services, most recently at JUST, building and leading their DB de-risking business. Prior to JUST, Tim spent time at UBS, Paternoster and Prudential, in the areas of pension scheme de-risking and bulk annuities.
Lindsey Rix, Chief Executive, Canada Life UK said:
“Tim’s arrival will boost our capability in the bulks market at a pivotal point in our transformation journey. As we develop our bulk business, Tim will play a key role in driving our strategic direction and proposition development, helping us meet demand from customers and employee benefit consultants.
“Tim’s extensive knowledge of the market and track record of delivery will be invaluable in leading our teams to deliver great outcomes for our customers.”
Tim Coulson, Managing Director, Bulk Purchase Annuities, Canada Life UK commented:
“This is a really exciting time to join the business and take on a new challenge. I’ve already been impressed by the commitment of the team and it took a big opportunity to encourage me out of my early retirement.
“I am eager to get stuck in and drive strategic direction at a time when the market demand for buy in and buy out solutions is growing significantly.”
Tim’s appointment is subject to regulatory approval.
ENDS
Enquiries:
Press enquiries should be directed to:
Paul Keeble, Canada Life, 07833 085387, Paul.Keeble@canadalife.co.uk
Notes to editors:
- Picture of Tim available upon request.
- Brief CV
April 2012 – May 2022, Director, DB Solutions, JUST
January 2010 – March 2012, Lead Actuary and Longevity Structurer, UBS
September 2006 – January 2010, Business Development Actuary, Paternoster
July 2000 – September 2006 – Business Development Actuary, Prudential
About Canada Life:
Canada Life is part of a group of companies controlled by Great-West Lifeco Inc., a diversified financial services holding company headquartered in Winnipeg, Canada. Through its subsidiary companies, Lifeco has operations in Canada, the United States, and Europe. Great-West Lifeco and its insurance subsidiaries have received strong ratings from major rating agencies. Great-West Lifeco has over 30 million customers worldwide and £1.341 trillion assets under administration (as at 31.12.21).
Canada Life Limited began operations in the United Kingdom in 1903 and looks after the retirement, investment and protection needs of individuals and companies alike.
Canada Life Limited, registered in England no. 973271. Registered office: Canada Life Place, Potters Bar, Hertfordshire EN6 5BA. Canada Life Limited is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.