Legal & General Savings has appointed former head of Standard Life Savings Geoff Towers as MD platforms and distribution as the firm focuses on its RDR business transition strategy.
Towers will be responsible for intermediary distribution and the delivery and expansion of the firm's platforms, products and services for IFAs. He started his role this month and reports to executive director Mark Gregory.
"The strength of H1 results showed that our business is well positioned to meet the requirements of the retail distribution review," says Gregory.
"Geoff brings a wealth of experience and knowledge in both financial services and in platform delivery and will focus on building our distribution strength to meet RDR."
Towers says there is much debate around transitioning customers and firms to the RDR world.
"Our success will come from how well we change our own services and products to meet these new adviser requirements," he says.
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