Legal and General (L&G) has made a number of appointments to its leadership team. Carl Moxley has been appointed as group climate director and will be responsible for leading and executing L&G’s climate strategy, approach, targets, reporting and governance. He will also drive the co-ordination of the group’s investment development and net zero opportunities. He joined L&G general retirement as chief revenue officer (CRO) in 2017, going on to work as chief financial officer (CFO) at L&G retirement institutional (LGRI). Nimol Rajkumar will replace Moxley in the role of CFO at LGRI, after working at L&G for almost a decade. He has held several senior risk roles, most recently as CRO in the retail division. Rajkumar will be replaced by Sally Clayton. After joining L&G in 2011, she has worked as CRO for L&G home finance, as well as L&G retail conduct risk and compliance director, and as interim CRO for UK protection.

Nottingham Building Society’s online savings brand, Beehive Money, has launched two new savings products offering high interest rates, giving customers the opportunity to grow their savings. The society’s one year bond issue eight offers a fixed interest rate of 6.10% gross p.a./AER, which is fixed until 30 November 2024. It requires a minimum deposit of £500 to open the account, which is only available for a limited time and no withdrawals are permitted during the fixed rate period. The second product, limited issue easy access, offers customers a variable interest rate of 5.10% gross p.a./AER, which includes a bonus of 2.45% that will be in effect until 31 October 2024. A minimum deposit of £1,000 is needed to open the account.

LMS has “revolutionised” its charge registration process for all law firms, providing accurate and up to date information about registration charges. The conveyancing services provider has said that following feedback from firms themselves, it has designed and developed technology to allow it to pull HM Land Registry’s (HMLR) application data directly for case updates. This means that LMS will no longer have to chase Panel Link law firms in relation to each pending charge registration, removing an overhead as forms as currently updating every 30 days. Instead, the law firm will be requested to provide an application barcode reference to LMS at the start of the application process which will allow LMS to obtain updates directly from HMLR. LMS will only need to contact the law firm regarding this process should there be an issue with a particular application.

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