The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Legal & General says board member Pollock to retire May 2015

Tue, 16th Sep 2014 08:35

LONDON, Sept 16 (Reuters) - Life insurance and pensionscompany Legal & General said on Tuesday that its boardmember responsible for the firm's protections and savingsbusiness would retire.

John Pollock, executive director and CEO of the Legal &General Assurance Society, plans to retire at the firm's nextannual general meeting in May 2015, L&G said in a statement.

The protections and savings business provided over 6 millionindividual customers and over 8,000 corporate schemes with lifeinsurance, general insurance and savings plans, producing anoperating profit of 444 million pounds ($718.04 million) in 2013and "a strong performance" in the first half of 2014, thecompany said.

($1 = 0.6184 British Pounds) (Reporting by Carolyn Cohn; editing by Simon Jessop)

Related Shares

More News
Today 06:15

PRESS: Persimmon mulling offer for L&G's Cala unit - Sky News

(Alliance News) - British housebuilder Persimmon PLC is considering a GBP1 billion takeover of Cala Group, Sky News reported on Saturday.

23 May 2024 09:47

LONDON BROKER RATINGS: JPMorgan raises Unilever to 'overweight'

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and on Wednesday:

22 May 2024 12:53

Aviva hires former L&G general insurance CEO as non-executive director

(Alliance News) - Aviva PLC on Wednesday said it has appointed the former chief executive officer of Legal & General Group PLC's general insurance arm...

16 May 2024 15:46

UK shareholder meetings calendar - next 7 days

25 Apr 2024 15:14

London close: Stocks finish mixed as US GDP growth slows

(Sharecast News) - London's stock markets finished with a mixed performance on Thursday, as investors digested a slower-than-expected GDP growth readi...

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.