Legal and General terminates ABI membership
Legal & General is to leave the Association of British Insurers, claiming the insurance industry is becoming decreasingly suited to uniform representation from a single trade body.
Legal & General
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LG register SICAV funds for German
Legal & General Investment Managers has registered its SICAV funds for distribution in Germany for the first time.
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LG completes bn GIA acquisition
Legal & General has completed its acquisition of the business of Global Index Advisors (GIA).
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strategic bond guru hodges quits l g
Legal & General Investment Managements Richard Hodges, manager of its £2bn Dynamic Bond Trust and head of high alpha fixed income, is to leave the firm in October.
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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.
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landg tax planning head made redundant
Legal & General Internationals head of estate and tax planning, Mark Green, has been made redundant as part of a restructuring which completed at the beginning of December.
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lgim posts strong growth in h1 2013
Legal and General Investment Management (LGIM) net flows increased 100% year-on-year in H1 2013 to £8bn.
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lg im launches institutional business in asia
Legal & General Investment Management has launched an institutional Asia Pacific business based in Hong Kong.
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l g in first ex uk annuity deal
Legal & General today unveiled a 136m de-risking deal involving Dublin-based New Ireland Assurance, which it suggested was a “first” in a new growth strategy that will see it expanding into the retirement solutions sector of “attractive marketsboth in the UK and abroad”.
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rdr impacts landg offshore q4 bond sales
Offshore bond sales at Legal & General International Ireland fell 11% in 2012 to £510m, from £570m in 2011.
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Legal and gen boosts intl assets by a third
Legal & General Investment Management’s international assets jumped by just over a third in 2012 to £43bn, which accounted for more than 10% of the total amount under management.
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life company sales forces are on
Distribution post-RDR may see life companies getting back into the investment game, building up their own substantial sales forces of restricted advisers.