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LGIM appoints Boylan as CFO

Legal & General Investment Management has appointed Siobhan Boylan as chief financial officer.

Boylan, who was previously CFO at Aviva North America, will report to LGIM chief executive Mark Zinkula.

Boylan, who’s move is subject to regulatory approval, also occupied a number of financial roles within the Aviva group and was CFO of Aviva Investors from 2007 to 2011.

Zinkula says: “Our international expansion is gaining momentum as we experience increasing demand for our range of strategies. Siobhan’s experience as an internationally focused CFO will be a great asset to the business and I look forward to working with her.”


Pressure mounts on EU to ditch £450bn Solvency II pension plans

Pressure is mounting on the European Commission to abandon “reckless” Solvency II-style proposals for pensions which could cost UK defined benefit schemes £450bn. The Commission is considering raising the level of capital DB scheme sponsors are required to hold in reserve in an attempt to protect members’ savings. The European Insurance and Occupational Pension Authority, […]

Blacks Connect launches mortgage protection product

Conveyancing firm Blacks Connect has launched a free protection product for mortgage customers that covers non-refundable lender and solicitor fees if a sale falls through. The product pays out up to £500 in non-refundable mortgage lender arrangement, product and booking fees, up to £750 in valuation fees and up to £600 in solicitor’s disbursement costs […]


IMF chief warns big banks are ‘more dangerous than ever’

International Monetary Fund managing director Christine Lagarde has warned big banks are “more dangerous than ever” and called on Europe to recapitalise, restructure or shut down its biggest lenders as part of urgent reforms. The Telegraph says Lagarde was speaking in New York ahead of the IMF’s Spring meeting next week.  She said: “In too many […]


FCA examines consumer biases when buying financial products

The Financial Conduct Authority has set out how it can learn from the mistakes consumers make when buying financial products to inform the regulator’s use of its new product intervention powers. The regulator has published two papers on behavioural economics, the first of which looks at how consumer biases can lead to a lack of […]

Guarantees in the retirement income market

Lorna Blyth, Royal London  Do guarantees benefit customers and, if so, when? To answer this conundrum we commissioned Millimans, a global actuarial consulting firm, to conduct an independent review of the UK retirement income market and whether guarantees really do offer customers better value for money. The brief The study was one of the most comprehensive undertaken […]


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