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L&G savings head becomes Cofunds chair

Legal & General has promoted Jackie Noakes as managing director of its savings business and chairman of platform Cofunds. Noakes, who joined L&G in 2007, was previously managing director of the mature savings division. The insurer split its savings arm into mature and digital as part of a restructure of the life and pensions business […]

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Wading through the qualifications alphabet soup

Now the Institute of Financial Planning has been merged into the Chartered Institute for Securities and Investment, most financial planners are getting used to the new norm. The CISI is a very different beast to the good old IFP. Not necessarily better or worse, just different. And that takes some getting used to. One issue […]

RWC on the hunt for fund managers

RWC Partners is on the hunt for prominent fund managers to join the business, as it builds out its fund offerings. Dan Mannix, chief executive of RWC Partners, says the group is looking at managers in areas the business currently has gaps, such as small cap and fixed income. “The thing that matters is finding really […]

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Lloyds to axe 1,755 jobs in cost-cutting drive

Lloyds Banking Group is making 1,755 job cuts and closing 29 branches in its latest round of cost-cutting. The job losses will hit Lloyds’ commercial banking, consumer finance, legal, group operations and retail arms, according to trade union Accord. The office closures will take place in June. Lloyds is also adding 170 roles in its retail, […]

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