Legal and General is undergoing a restructure which will see its unit trust business become a part of Legal and General Investment Management (LGIM) and its annuities business spun out as a separate division.

Mark Gregory has been appointed group chief financial officer as a result of the move, having successfully turned around the savings division.

Mark Zinkula will head up the unit trust business of LGIM.

Source: Portfolio Adviser.  Read full article here.

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