L&G announces First Trust partnership
by Gill Montia
Story link: L&G announces First Trust partnership
Legal & General (L&G) and First Trust Bank have announced a long-term joint distribution agreement for a range of life insurance, investment and pension products.
Part of AIB Group (UK), First Trust Bank is headquartered in Belfast and has 48 branches across Northern Ireland.
Under the agreement, First Trust’s financial consultants will sell L&G’s products throughout their branch network on an appointed representative basis, using the insurer’s RDR model for banks and building societies.
L&G spokesman, Chris Last, says: “Continuing to provide financial advice to banking customers in a post RDR world is an important part of our distribution strategy and we are very pleased that First Trust Bank has selected Legal & General to be their partner.”