Legal & General has launched a new Corporate Business Division to support corporate fee based advise...
Legal & General has launched a new Corporate Business Division to support corporate fee based advisers and their customers.
The division is headed by Diane Buckley and a team of pensions staff which the group says will offer four specific services.
The group breaks down the four services as:
Working with corporate advisers to tailor products to meet specific client requirements and develop presentations to potential clients where required.
Maximising the use of e-commerce to install schemes and reduce employers' administration.
Providing support and developing presentations for employers to maximise their employee benefits offerings and populate their schemes.
Appointing scheme managers to act as focal points for employers to support the initial and ongoing scheme development.
Diane Buckley, Corporate Business Director commented: "Our new end to end proposition has been developed to meet the needs of the corporate fee based advisers dealing with medium and larger sized client businesses."
The division aims to offer expertise to corporate advisers on Legal & General's stakeholder pensions, group pensions, other single charge pension products and the company's worksite proposition.
Scheme reconstruction is catered for by a team of specialist scheme managers who will provide products and technical support.
The group claims its 'end to end proposition means sales and ongoing servicing are operated under one roof — a key requirement of this highly specialised sector of the market'.
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