Allfunds poaches LandGs Wynn
Allfunds Bank has poached L&G platforms and policy director Danny Wynn for its new executive team tasked with expanding its business in UK and Ireland.
Allfunds Bank has poached L&G platforms and policy director Danny Wynn for its new executive team tasked with expanding its business in UK and Ireland.
Legal & General Investment’s head of structured solutions has paid the price for poor sales and been made redundant after 15 years with the firm.
Legal and General Investment Management (LGIM) net flows increased 100% year-on-year in H1 2013 to £8bn.
A trio of executive directors at L&G Group have been awarded 21.4% pay rises in line with their new roles in what the firm termed a “smaller, closely aligned executive team”.
Legal and General is undergoing a restructure which will see its unit and trust business become a part of Legal and General Investment Management (LGIM) and its annuities business spun out as a separate division.
Nick Prettejohn, director at Legal & General, is resigning from his position following his appointment to the board of the Prudential Regulation Authority (PRA).
Legal & General Investment Management has appointed BNP Paribas' Emiel van den Heiligenberg as head of asset allocation.
L&G Property has appointed a new senior asset manager to work on the £800m Property Unit Trust alongside lead manager Matt Jarvis.
Chris Last is to replace Martin Davis at the helm of Cofunds following the completion of the acquisition of the fund platform by Legal & General.
Legal and General has launched the L&G Early Bonus Plan 13, a structured product linked to the FTSE 100 which has two potential bonus options.
Barclays and Legal & General have joined forces to launch the Defined Return Plan 1, the first in a series of collaborative investment products to be released by the two firms.
Legal and General (L&G) has acquired the remaining 75% share of Cofunds in a deal worth £131m.