L&G Investment Management

Legal & General (L&G) has confirmed the sale of its investment platform Cofunds to Aegon led to a £64m impairment loss.

Legal and General (L&G) has hired Kingfisher Group's head of pensions Dermot Courtier as chairman of its master trust and independent governance committee (IGC).

Ali Toutounchi has been appointed a trustee of Legal & General's (L&G) master trust as well as a member of its independent governance committee (IGC).

M&G Investments has appointed Anne Richards (pictured)as chief executive officer to succeed Michael McLintock who will retire later this year.

Legal & General (L&G) will no longer report to shareholders on a quarterly basis, after a landmark decision removed the requirement for interim reporting.

Individual annuity sales at Legal and General (L&G) have fallen by more than half this year, and its bulk annuity business has failed to pick up the slack, figures show.

UK - Pension fund property manager Legal & General Property has restructured its senior management team by appointing a new director to oversee its range of funds.

UK pension schemes are actively selecting bond managers for specialist mandates to diversify and reduce risk. Andrew Short examines the changing attitudes to fixed income and bond allocations.

Fidelity has launched the CB Richard Ellis UK Property Fund on its defined contribution platform.

F&C Investments has appointed Emily Fitz-James as client director in its institutional team.