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L&G appoints head of distribution

Hugh Cutler has left Barclays Global Investors (BGI) to head the distribution team at Legal & General Investment Management.

He will be responsible for developing the range of products in Britain and abroad.

Cutler spend 11 years at BGI working in strategic accounts and defined contributions client service teams, and established the global strategic solutions group. He was also responsible for developing multi-asset products for clients.


Seeing red

Is the FSA’s aim to get rid of independent financial advisers? When you consider the sheer weight of regulation imposed on IFAs, it is enough to make you think that the FSA is out to get us. Just consider some of the main proposals – the retail distribution review, treating customers fairly and the latest proposals for capital adequacy.

Duty bound

Writing this piece ahead of the Budget, I am fantasising that it might bring a slowly increasing volume of mortgage applicants.


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