Legal advice

Legal & General is enjoying success in the retail UK market with its capital-guaranteed bond series. However, as signs emerge that customers are looking beyond the FTSE to emerging markets, the company's product offering could diversify away from vanilla flavours

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Legal and General (L&G) has been distributing structured products through "every medium going" since it moved into the retail market two-and-a-half years ago, says Jamie Vale, Hove-based product development director at the financial services firm. "We've got IFAs (independent financial advisers) who use them, we have our own sales force, and we've got strategic partners such as banks and building societies who distribute our products," says Vale.

The business has mostly focused around two types

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