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LGIM appoints new head of distribution

Legal & General Investment Management has announced the appointment of Hugh Cutler as head of distribution.

Cutler will head up development of LGIM’s new business strategy both in the UK and overseas.

He joins LGIM from Barclays Global Investors where he was co-head of the Global Strategic Solutions Group. During his 11 years at BGI, Cutler was responsible for strategic accounts, defined contributions client service and established the global strategic solutions group.

Prior to this Cutler worked with Towers Perrin as an actuarial associate where he advised pension schemes and companies on all aspects of pensions.

LGIM Managing Director of Institutional Business says Mike Craston says says: “Hugh brings a set of skills that are both highly timely and extremely valuable in further developing our range of products, client solutions and presence in new markets.”


Apollo backs Russia

Apollo Multi Asset Management has added a structured product to its IFDS Apollo balanced fund that is based on the Russian stockmarket outperforming the FTSE 100 over a two-year period.

Ways and means

You are aware, I am sure, that I think means-testing and the way it can devalue the private pension savings of some people is the biggest problem we have today in our pension system in the UK.


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