Press releases


19 March 2012

Legal & General Business Club, set up the at the end of last year to help IFA member firms develop their business propositions in readiness for RDR, is planning to add 5 new services for members this year. It has also has just received Chartered Insurance Institute (CII) accreditation for its adviser training modules.

Commenting on the Business Club Miguel Ogilvie, Business Club Director said; “In the run up to RDR implementation and beyond, we wanted our key IFA businesses to benefit from the depth of sales and marketing expertise that Legal & General has to offer. The Business Club takes a very different approach to supporting member firms, looking at generating new revenue streams and saving money in a business. We believe the Skills Training and Prospecting Services that we offer to be unique in the market. And we are naturally delighted that the two workshops covering Business Transition and Adviser Skills have been awarded CII accreditation. The Club is constantly looking to develop new services and will be introducing more in the coming months. We are also running events across the country throughout this year.”

The Legal & General Business Club provides a valuable “networking” opportunity for advisers to exchange views with their local colleagues from other IFA firms. Over 120 members have attended Business Club events to date. Membership of the Legal & General Business Club is by invitation only.

What do the members say?

Myles Jacobs, Managing Director, Kellands Ltd, Bristol commented: “I believe we’re already a more profitable business under the new model and we’re certainly ahead of the game in terms of RDR readiness. The workshops are a big part of what makes Business Club so valuable.”

Richard Scott, Red IFA, Nottingham, said: “We have benefited in many ways from our time as members of the Business Club. It has allowed us to focus on areas of business development that will actually have an impact on our business both prior to and post RDR.”

CII Accreditation

The Legal & General IFA Business Club has received CII accreditation for its Business Transition and Skills Workshops, which means that IFAs can receive CPD points when attending these events.

Current Business Club opportunities:

  • Business Transition Workshops.
  • Adviser and Leadership Skills Workshops
  • Prospecting introducer service.

Further events are scheduled for May.

Business Club has no plans to rest on its laurels. Work is progressing quickly to finalise new services that will come on stream in 2012. Here are some of the additional services recently added to the proposition:

New services:

  • Probate service
  • HR support
  • Business costs analysis
  • Marketing - tailored course from the Institute of Marketing (April/May)
  • VAT and Adviser Charging Webinar with Caroline Villar.

IFA businesses seeking further information can contact our Business Club at or speak to their usual Legal & General contact.

Notes to editors

The information contained in this press release is intended solely for journalists and should not be relied upon by private investors or any other persons to make financial decisions.

The Legal & General Group, established in 1836, is one of the UK’s leading financial services companies. As at 3 December 2011, we were responsible for investing £370 billion worldwide on behalf of investors, policyholders and shareholders. We also had over seven million customers in the UK for our life assurance, pensions, investments and general insurance plans.

For more information please contact:

Mike Connolly

Mike Connolly

About Legal & General

Legal & General Assurance Society Limited.

Registered address:
One Coleman Street
London EC2R 5AA.
Registered in England 166055.