Press Release

London & Colonial appoints Martin McDermott as Head of Sales

01/05/2015 | Download PDF

London & Colonial has announced the appointment of Martin McDermott as Head of Sales.

Martin joins them from Zurich where he has held a variety of positions, the most recent of which was Head of Partnership Development running their ‘face to face’ sales team.

Reporting directly to Chief Executive Ken Wrench, his main focus will be the further development of the company’s existing distribution channels, together with increasing sales of its range of accumulation and decummulation retirement solutions - including the recently launched Simple Investment SIPP.

Ken says "With a career in financial services spanning nearly 30 years, Martin’s wealth of experience and industry contacts makes him the ideal candidate when it comes to driving forward sales of our latest new product offering - the Simple Investment SIPP.

Not only will he be ensuring that we continue to capitalize on our existing distribution channels, but he will be overseeing the development of new ones - through the expansion of our existing sales teams and the utilization of his extensive industry contacts.

All of which will ensure we remain in a position to be able to make the most of the opportunities that will doubtlessly present themselves, as a result of the recent pension freedoms."

Martin says "I am excited to be joining London & Colonial, as not only do they already have an enviable reputation when it comes to the development of some of the most innovative pension solutions currently available within the market today, but the recently introduced pension freedoms will no doubt result in the further development of some exciting new products going forward."




For more information, please contact:

Matt Godwin
London & Colonial
020 3479 5505


Notes to Editors
About London & Colonial

London & Colonial specialises in self-invested products for both UK residents and persons resident overseas.

The London & Colonial Group includes:

  1. London & Colonial Holdings Limited – UK parent company
  2. London & Colonial Services Limited which is regulated by the UK Financial Services Authority and operates SIPPs and SSASs
  3. London & Colonial Assurance PLC which is regulated by the Gibraltar Financial Services Commission (matching UK standards) and which offers Open Annuities, QROP Annuities and Open Offshore Bonds
  4. L&C (Administration Services 2) Limited and London & Colonial (Trustee Services) Limited which are both based in Gibraltar and offer the EU SIPP.