Legal & General has appointed Cecilia Furner to the newly-created place of distribution director of retail retirement, masking each home finance and annuities.
In her expanded role, Furner, who was beforehand distribution director for retail annuities, will take over management of the home finance crew from David G Jones, who’s retiring after 38 years within the enterprise.
Furner joined L&G in 2018 and has 25 years’ expertise in monetary providers, together with senior roles in enterprise improvement, strategic partnerships and distribution.
Jones will retire on the finish of the 12 months, with the handover to Furner happening on 1 November 2025.
As a part of the restructure, head of middleman gross sales Rob Miles and strategic accomplice improvement director Nick Birdseye will be part of Furner’s crew.
L&G managing director of distribution Ali Crossley says: “The modifications to our distribution crew’s management brings our distribution experience collectively, supporting our ambition to construct a less complicated, better-connected L&G.
“It additionally permits us to broaden our attain with corporations and advisers within the later-life finance area – an space that’s changing into more and more vital in retirement planning.
“David has been an unbelievable pressure for L&G and the wider business throughout his profession, championing innovation by way of knowledge and perception.
“We want him the very best for his retirement and thank him for his invaluable service to the sector.”
Jones says: “My 38 years with L&G have been immensely rewarding.
“I’ve been privileged to work with nice groups throughout the enterprise.
“The distribution crew goes from power to power, and Cecilia and her knowledgeable crew will proceed to guide and ship enhanced providers for advisers and shoppers.”
Furner says: “I’m delighted to be taking over this enhanced role and to be becoming a member of the home finance crew in its mission to make fairness launch a extra mainstream product for folks trying to obtain their later-life objectives.
“These thrilling crew modifications will assist drive extra integration between our home finance and retail annuities companies.”
