Citywire printed articles sponsored by:
View the article online at http://citywire.co.uk/new-model-adviser/article/a649390
Investment boss Simon Ellis to leave L&G
by Rachael Revesz on Jan 08, 2013 at 13:54
Simon Ellis is set to step down as managing director of investments at Legal & General (L&G).
Ellis (pictured) will be replaced by Simon Pistell, currently managing director of L&G's RDR programme. A spokeswoman confirmed the departure, but declined to give a date when the replacement will take effect.
Ellis, former head of UK retail at Henderson, joined L&G in 2009, and is also a non-executive director of the Financial Skills Partnership.
He was also managing director of Fidelity International multi manager for three years, and chief executive of AXA Investment Managers multi manager and head of UK retail.
Pistell joined L&G in 2001.
News sponsored by:
Today's top headlines
Challenged by growing risk aversion?
Challenging financial markets over recent years have resulted in growing risk aversion among British savers and led many to seek safety in cash. Click here for more.
More about this article:
Look up the shares
More from us
- L&G Investments: Active and passive can be united
- Simon Ellis to leave FSSC for LGIM
- How new model firms will stand out in the RDR world
by New Model Adviser team on Dec 05, 2013 at 16:30