Press releases

Japan's leading housing developer joins forces with L&G to scale up delivery of high-quality rental housing in the UK

Partnership with Nomura Real Estate Development aims to deliver over 1,000 homes, with the first Central London site acquired.

L&G appoints Paula Llewellyn as CEO, DC & Workplace Savings

Largest UK DC pension provider announces change to executive leadership team.

L&G completes combined £785 million buy-in with three pension schemes sponsored by Anglo American

Legal & General Assurance Society Limited (“L&G”) has completed buy-ins totalling £785 million with three pension schemes sponsored by Anglo American Services (UK) Ltd: The Tarmac UK Pension Scheme, the Tarmac ‘B’ Pension Scheme and the Anglo UK Pension Scheme (the “Schemes”).

2024 Full Year Results: Core operating profit up 6%, executing our growth strategy with a sharper focus and enhanced returns, with a £500m buyback

Strategic partnership kickstarts investment to develop thousands of new rental homes

First site acquired in landmark BTR partnership between Nest, L&G, and PGGM.

Legal & General completes £505 million buy-in with the Inchcape Motors Pension Scheme

Legal & General Assurance Society Limited (“Legal & General”) has announced the 2024 completion of a £505 million buy-in with the Inchcape Motors Pension Scheme (“the Scheme”), securing the benefits of 2,295 retirees and 5,890 deferred members.

L&G grows Investments team in Asia

Uday Patnaik, Head of Asia Fixed Income and Global Head of Emerging Market Debt, relocates to Singapore; expanding local capabilities for growing client base.

L&G’s new Guided Retirement Planner aims to help members navigate the “lottery effect” at retirement

Legal & General (‘L&G’) has seen positive early momentum for its new Guided Retirement Planner, which aims to help deliver better outcomes for its 5.5 million DC workplace members when they reach retirement age.

L&G Mortgage Club and Smartr365 unveil integrated digital solutions to drive better adviser outcomes

Legal & General (L&G) has enhanced its Mortgage Club digital offering for advisers, in partnership with mortgage platform Smartr365.

Eric Adler to become Chair of The Academy of Real Assets and shares ambition for further growth in UK

Eric Adler to succeed Phil Clark, who steps down after six years as founding Non-Executive Chair of the Advisory Board.

L&G expands index range with the launch of new infrastructure, bond, and equity index funds

L&G expands index range with the launch of new infrastructure, bond, and equity index funds

Legal & General completes £370 million buy-in with the TUI Group UK Pension Trust

Legal & General Assurance Society Limited (“Legal & General”) has completed a £370 million buy-in with the BAL section of the TUI Group UK Pension Trust (“the Scheme”).

One in 10 couples who split over the age of 50 use property wealth to fund the cost of divorce

Property is the priority asset up for discussion at the point of divorce for over 50s (60%).

L&G announces the sale of its US protection business to Meiji Yasuda, and the creation of a long-term strategic partnership, for a valuation of $2.3bn

L&G announces the sale of its US protection business to Meiji Yasuda, and the creation of a long-term strategic partnership, for a valuation of $2.3bn

L&G Group Protection reports 79% year on year increase in digital health service usage

New Chief Medical Officer report reveals how added-value digital health services are fundamental to their GIP proposition; helping people and business grow.

Legal & General steps up affordable housing push, raising £510m to tackle crisis head on

L&G has received £130m of new commitments, including £100m from London CIV, the investment pool for London Local Government Pension Schemes (LGPS), to invest in affordable housing nationally.

L&G launches new AI for Business Value programme in partnership with Multiverse

The scheme will upskill 50 employees in AI capabilities to drive efficiencies.

Legal & General completes £1.4 billion buy-in with the Sanofi Pension Scheme

Legal & General Assurance Society Limited (“Legal & General”) has completed a £1.4 billion buy-in with the Sanofi Pension Scheme (“the Scheme”), securing the benefits of 4,900 retirees and 5,600 deferred members.

L&G Mastertrust reaches £30 billion in AUM

Largest commercial master trust in the UK grows by a third in under two years.

Greater Manchester Pension Fund partners with Legal & General to deliver affordable housing in North West England

Greater Manchester Pension Fund (“GMPF”) have invested £100m into an investment fund developed and managed by Legal and General (“L&G”) to deliver much-needed affordable homes across North West England.

One in five access pensions at 55

One in four make pension withdrawals without seeking advice, exposing themselves to unexpected tax bills and losing entitlement to means-tested benefits.

Legal & General submits planning for the £350m Bristol Temple Island masterplan regeneration project

Legal & General (‘L&G’) announces it has submitted the planning application for Bristol Temple Island, a £350m regeneration project that will transform the derelict, former diesel depot site into a vibrant urban quarter.

Damp and asbestos most common ‘hidden’ issues missed by buyers skipping home surveys, reveals Legal & General Surveying Services

Damp (22%) and asbestos (18%) are the two most common ‘hidden’ issues for those who do not opt for a home survey.

Holy Matri-money – 280,000 recent divorces delayed due to money struggles

To mark Divorce Day (6 January), Legal & General has revealed that one in six recent divorces (280,000 - 17%) were delayed for financial reasons.