L&G

Darwin Investment Managers has launched a model portfolio service comprising three funds managed by multi-asset veteran David Jane.

Legal & General (L&G) has seen a marked decline in lapsed policies across its protection product channels, which it partly put down to an ‘early warning system' it rolled out to advisers in 2006.

Legal & General (L&G) has exited the with-profits annuity market.

Legal & General Investments (L&G I) has cut the annual management charges across its index fund range by five basis points, in a move to bolster the appeal of its passive proposition.

Lindsay Tomlinson is to join Legal & General (L&G) as a non-executive director from 1 May.

Legal & General (L&G) has agreed to acquire the 75% share capital of Cofunds which it does not already own, for a cash consideration of £131m.

FUND PICKS

The Department for Work and Pensions (DWP) must monitor the overall rate of participation in auto-enrolment rather than focusing on opt-out rates, providers have warned.

Insurance giant Legal & General (L&G) has reported increased operating profit of £1,087m following double digit sales growth.

Legal & General (L&G) has increased protection against pension liberation outfits after The Pensions Regulator (TPR) and other bodies highlighted the plight of people taken in by such schemes.