The new managing director for a investment and finance planning group will take up her new role in August, the company has revealed.

Saga Investment Services, owned by over-50s specialists Saga PLC, based in Folkestone, and Tilney Bestinvestment, has appointed Nicola Audhlam-Gardiner as new managing director.

The newly launched investment company have acquired her services from Williams and Glyn where she is marketing director.

Nicola also has experience from the corporate bank of RBS and has held roles at retail director at Santander and Lloyds Banking Group.

Lance Batchelor, Saga group chief executive officer, said: “We are delighted that Nici has agreed to join Saga Investment Services. Nici stood out during a comprehensive recruitment process, particularly given the number of financial services offerings she has successfully launched.

“She will make an important contribution as we work to launch a wealth management solution specifically for the UK’s over 50s later this year.”

Peter Hall, chief executive of Tilney Bestinvest, said: “Nici’s appointment is a key milestone in preparing for the launch of Saga Investment Services. The JV brings together Saga’s insight into the UK’s over 50s with Tilney Bestinvest’s investment and financial planning expertise. With the recent radical shake-up of pensions, there has never been a greater need for high quality advice and support from a trusted brand.”

Nicola Audhlam-Gardiner is set to begin the new role in August.