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L&G chief executive António Simões (pictured) said in an email to staff that the company needs to 'become a leaner organisation'.
Legal & General has told staff that it plans to reduce the size of the organisation by 10% – or around 1,000 roles – by mid-2027.
Professional Pensions' sister title Investment Week understands the firm's asset management division will not be impacted by the job cuts, and that employees in the UK will be given the option of a...
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