Legal & General has appointed London Stock Exchange chief executive Dame Clara Furse as an independent non-executive director of the group. Furse will join the board on June 1. She has been chief executive of LSE since January 2001 and will step down from this position on May 20. She will remain on the LSE board as a director until mid-July.
Aviva has appointed Rexam chief executive Leslie Van de Walle as an independent non-executive director. Van de Walle is also a non-executive director of Aegis Group but he will retire from the position this month following six years on the board. Aviva says Van de Walle has extensive marketing and brand experience, particularly in the consumer goods sector.
Hargreaves Lansdown group Sipp business development manager Dave Petchey has been made redundant as the firm admits it is changing its distribution strategy due to cost pressures. Petchey was responsible for liaising with third-party introducers.
Hargreaves Lansdown will not give details as to how the distribution strategy is changing or how it will impact on the firm’s market share but says it remains committed to the group Sipp market.