Legal & General (L&G) is splitting its savings business in two and restructuring other parts of its L&G Assurance Society (LGAS) division ahead of the departure of the arm's chief executive John Pollock next May.
The savings business will be divided into ‘mature' and ‘digital', part of a new structure L&G said will increase "the scalability of our long-term businesses, reducing costs, and delivering enhanced value...
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