Legal & Generals corporate pensions division has announced that its funds under management has passed the 100bn milestone.
The results are part of record business figures of 15.2 billion from UK
and European clients as Corporate Pensions funds rose to over 103bn.
L&G group director, investments Tim Breedon says: “The new managing director of our corporate pensions business is Mike Craston who joined us in December 2004. I am confident that the experience and skills that Mike brings will continue to take the business forward.”