By Kira Nickerson Legal & General will sell its stakeholder pensions through Barclays Bank branches,...
By Kira Nickerson Legal & General will sell its stakeholder pensions through Barclays Bank branches, in light of the FSA's plans to relax the rules on polarisation and introduce multi-ties. Subject to regulatory approval, Barclays intends to offer Legal & General branded life, pension and investment products throughout its UK distribution network. Barclays Life, Barclays Funds and b2 will not be recruiting new customers from the beginning of the second half of 2001 and the unit trust business of Barclays will be transferred to Legal & General. Existing business will be retained and mana...
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