View more on these topics

Legal & General grabs RBC wealth management boss for board post

Legal & General has appointed former Royal Bank of Canada head of wealth management George Lewis to its board.

Lewis takes on a non-executive directorship with the insurer, and will sit on its audit, nominations and risk committees.

At RBC, Lewis was responsible for the firm’s global asset and wealth management and insurance businesses from 2012 to 2015, with roles across its capital markets and investment banking divisions before that.

Legal & General said in a statement that Lewis’ “experience in growing RBC’s global asset management business in the US, UK, Asia and other international markets will be important as the group seeks to develop its Legal & General Investment Management business globally.”

LGIM has become a more active part of Legal & General in recent years. It acquired the Canvas platform from ETF Securities to enter the $4.6trn ETF market last November, and used its muscle in a number of shareholder activism fights this year.

It also received regulatory approval for a new business unit in Dublin as it plans to shift part of its operations in preparation for Brexit so it can continue serving global markets.

Recommended

Budget briefcase illustration

Budget 2018: Personal allowance and higher rate tax thresholds increased

The personal allowance will rise to £12,500 from April 2019, chancellor Philip Hammond has announced in today’s Budget. This means a basic-rate taxpayer will pay £1,205 less tax in 2019-20 than in 2010-11. The higher rate tax threshold will also increase to £50,000 in April 2019, a year before expected. It was announced 1m fewer […]

Returning Officer Holds Abacus at Houses of Parliament

Budget 2018: Private residence relief rules tightened

In the 2018 Budget, the chancellor has confirmed that from April 2020, the rules regarding private residence relief will be tightened. Private residence relief is designed to protect taxpayers from capital gains tax when selling their homes Talking in the House of Commons, chancellor Philip Hammond said that, “Mr Deputy Speaker, we recommit today to […]

MM-AutumnBudgetBanner
3

Lifetime allowance 2018/19 increase confirmed but pensions absent

The Government has confirmed that the lifetime allowance 2018/19 will rise in line with inflation, but savers have been offered little else in the Autumn Budget. The lifetime allowance will increase from £1m to £1,030,000 to match CPI from 2018/19.  Though the maximum amount the can be saved each year into a Junior Isa or […]

Investment

European value’s revival in 10 charts

By Rob Burnett, head of European Equities, Neptune Value strategies have historically outperformed their growth counterparts, yet have suffered amid adverse market conditions in recent years. While value’s outperformance has returned, few funds are positioned for it. What’s behind value’s recent resurgence and will it last? View charts here Important information Investment risks Neptune funds […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm

    Email: customerservices@moneymarketing.com