Legal & General Group is to sell its closed mature savings business to the ReAssure division of Swiss Re for £650m.
The insurers said the business being sold was largely made up of retail customers who hold traditional insurance based pensions, savings and investment products. Its assets at H1 2017 of £33bn include...
'Next stage of development'
‘Event-based’ learning less effective
Deal for financial planning and investment assets
Fixed income 'surprise winner'
Poor practice highlighted