Legal & General (L&G) has signalled its intention to become a "major player" in delivering low cost passive investment solutions to UK retail clients as the group saw profits rise 13% in the first half of the year.
Legal & General (L&G) yesterday announced it has upped the base salary for its top executives by a fifth to £560,000.
Legal & General (L&G) has promoted one of its senior staff to finance director after the insurer's external candidate was disapproved of by the regulator.
Cofunds chairman Charlie Eppinger is to step down as the acqusition of the platform by Legal and General completed.
FundsNetwork has accelerated its take on of clean share classes to achieve its target of having 95% of current platform assets covered by clean share classes by the end of June.
Legal and General (L&G) is to introduce a "trustee-style" governance committee for its contract-based pension schemes.
Verona Smith, marketing director at Cofunds, is to exit the platform in the wake of the takeover by Legal & General.
Advisers operating post-Retail Distribution Review (RDR) must create enduring relationships regardless of whether they make a sale, a Legal & General (L&G) director has argued.