Peck will serve as the new head of its South West distribution team, while Russell Bignall will assume the head post in the North West.
According to Scott Goodsir, managing director of UK distribution, Old Mutual Wealth (OMW) has doubled its team of specialist advisers in key areas like pensions, investments and offshore products, as well as its group of sales consultants.
He said: “The introduction of pension freedoms has seen advisers and their clients begin to come to terms with the new rules. I feel it is down to providers such as ourselves to give advisers the best tools, support and products to provide their clients with the best chance of positive outcomes and we have been constantly growing the team to offer additional support.”
Peck was the head of business development and value at Standard Life. He has over 28 years’ of experience in the financial services industry and has served in a variety of sales and account management positions.
Peck is the latest addition in a string of notable hires at OMW over the past year, which include Bignall and Gary Dale (head of advisory sales) who joined in April 2015 and September 2015, respectively.
Bignall was the strategic director at BNY Mellon before joining OMW’s UK distribution arsenal. He was hired by OWM shortly after the pension freedoms changes came into effect last year.
Both Peck and Bignall will oversee the sales and distribution of all products through their respective regional outfits and will report to Dale.