Verona Smith exits Cofunds as L&G makes more changes

Smith was previously head of proposition before changing roles earlier this year. Smith's exit comes hot on the heels of the departure of its chief executive Martin Davis. Davis - who joined the platform in June 2011 after a stint as CEO of restricted advice firm Openwork - left last week. L&G has moved across a number of its own people after acquiring the remaining 75% stake of the platform which it did not already own for £131m last month. L&G's commercial director Adam Smith is also moving across to work on the platform as part of the ongoing restructure at the country's larg...