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L&G ties up with Knight Frank for protection

Legal & General has struck a partnership with Knight Frank to distribute its protection products.

Knight Frank has been a member of L&G’s mortgage club since 2007.

L&G managing director of intermediary Duncan Crocker says: “Knight Frank is a well known property consultancy operating in the upper end of the market.

“This agreement offers us significant opportunities for expanding high net worth distribution and gives Knight Frank and its clients access to the UK’s leading protection provider.

“It will continue to be able to access exclusive mortgage deals through our mortgage club. We welcome Knight Frank to our growing number of business partners.”

Knight Frank managing partner Simon Gammon says: “L&G’s protection suite of products means we are able to offer an added service to our valued clients.”


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UK rally threatened by sovereign debt downgrades

Britain’s stockmarket rally has been threatened by the possibility of sovereign debt downgrades.Standard & Poor’s (S&P), the ratings agency, announced today that it has revised its outlook for Britain from “stable” to “negative” to reflect high levels of borrowing by the government.The agency estimates that, even with additional spending cuts, the country’s net debt burden […]

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David Cameron appoints former adviser to Tony Blair as new pensions minister

Following a cabinet reshuffle in light of last week’s general election, David Cameron has announced that Ros Altmann will be replacing Steve Webb as pensions minister. As the industry works with one of the largest reforms to the sector in almost a century, the former adviser to Tony Blair has been tasked with ensuring that the pensions revolution does not stray off track.


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