This confirms that the Partnership will be fully authorised to trade under the new regulatory regime which takes effect on 31 October 2004.
Legal & General’s Managing Director, Intermediary Solutions, Graham Newitt said, “We are delighted to receive full authorisation from the FSA at this early stage. The Legal & General team have worked extremely hard to develop and deliver a market-leading proposition, and the tremendous response from advisers has confirmed what we all believe internally – that the Legal & General Partnership will offer the best network proposition in the market”.