The respected former boss of Newton Investment Management is joining the investment arm of insurance giant Legal & General with the task of helping the business build direct relationships with savers.

Helena Morrissey, who stepped down as the chief executive of Newton last year, is moving to rival Legal & General Investment Management (LGIM) at the start of May as the head of personal investing.

Morrissey will report to Mark Zinkula and will be tasked with expanding the relationships that LGIM has with individual investors, using digital technology to communicate directly with customers.

She will also join the board at the insurance giant.

Source: The Telegraph (read full article here).