Press releases

L&G and Manulife Wealth & Asset Management Announce Strategic Global Partnership

L&G and Manulife Wealth & Asset Management (Manulife WAM) today announced a long-term multi-faceted strategic partnership. It spans Distribution, Investment Management, and Product Development to enhance the global distribution reach of both firms, allowing them to meet growing client demand for comprehensive wealth and retirement solutions across Europe, Asia, the U.S.A., Canada, and Bermuda.

L&G to deliver better-connected experience for customers and clients with newly created Chief Customer Officer role

L&G appoints Sarah Spooner to take up new post across Retail and Institutional Retirement businesses.

Hyde Group and L&G launch partnership to deliver more affordable homes

New joint venture combines pension money in L&G’s annuity portfolio and affordable housing expertise with Hyde’s national housing platform, to develop, manage and service affordable homes at scale

L&G convenes new effort to combat under-saving, as research shows midlifers least engaged with their pensions

5 million midlifers not on track for an adequate retirement, with part time workers, renters and those who’ve taken a career break most at risk.

2025 Full Year Results: 9% core EPS growth; strong strategic progress; £1.2bn share buyback

L&G enhances cash savings options for DC members

L&G has launched a new cash savings platform (‘the platform”) that allows its defined contribution (“DC”) pension scheme members to access a curated selection of competitive cash savings products through Raisin UK.

L&G raises over £750m and bolsters its deployment into new affordable housing

With over £250m in new commitments, L&G’s affordable housing strategy has now raised over £750m since launching in July 2024. The latest fundraising includes £50m from Local Pensions Partnership Investments (LPPI).

L&G’s Retail Protection business simplifies life and critical illness policy documents to support advisers and drive better customer outcomes

Customers will now receive a new and improved life and critical illness policy schedule and T&Cs document in their welcome pack.

L&G deploys over £1bn in real estate debt in past year with £385m Southbank Place refinance

The move underlines sustained investor demand for high-quality, well-located London offices.

L&G’s Ignite platform launches first product API integration with Lloyds Banking Group

The API integration enables brokers to access real-time mortgage product data for improved speed and accuracy.

L&G appoints Lucy Blanchard-Burton as Head of Mastertrust and IGC

Blanchard-Burton will oversee UK’s largest commercial master trust.

Proprium Capital Partners enhances European Real Estate capabilities with BC Partners Real Estate team, adding $1bn AuM

Transaction adds c. $1 bn to Proprium Capital Partner’s real estate AuM and follows L&G’s investment in Proprium in 2025, as it further enhances its real estate capabilities.

L&G completes transaction with Meiji Yasuda

L&G completes sale of the US insurance entity and establishes long-term partnership with Meiji Yasuda, strengthening the Group’s US PRT proposition.

Half of lifetime mortgage customers used property wealth for home improvements in 2025, L&G reveals

Home improvements remained the most popular use for equity release, stated by 50% of L&G customers last year.

L&G appoints Tim Morris and Philipp Westermann as Global Co-Heads of Real Assets in Asset Management global growth drive

Industry veterans bring private markets expertise to new roles, supporting further alignment of L&G and Proprium Capital Partners.

Update on Banner Life from L&G and MYL

Legal & General Group Plc (“L&G” or the “Group”) and Meiji Yasuda Life Insurance Company (“Meiji Yasuda”), a Japanese mutual life insurance company, have reiterated their confidence in the stability and growth potential of Banner Life Insurance Company (“Banner Life”) and its wholly-owned subsidiary William Penn Life Insurance Company of New York (“William Penn”).

Geoffrey Timms to stand down as L&G General Counsel and Company Secretary after 27 successful years in the role; Maria Alvarez-Scott appointed successor

After 27 years in the role, Geoffrey Timms has decided the time is right to stand down as General Counsel and Company Secretary at Legal & General Group. Timms will step down following the Group’s 2026 AGM on 21st May.

L&G’s Retail Protection business announces underwriting improvements to drive better customer outcomes

These improvements ensure that customers are more accurately protected and better supported throughout the application process.

L&G partners with HSBC UK to enhance customer access to guaranteed income solutions

The partnership gives customers direct access to L&G's annuity products through HSBC UK’s website, providing solutions for those seeking a guaranteed retirement income.

Divorce Delays: The later-life splits pushing more than 200,000 people to delay retirement

To coincide with Divorce Day (5th January), L&G has revealed the impact of later-life divorce as one in seven people who divorce after age 50 are forced to delay their retirement (15%).

L&G Flow surpasses £1bn milestone, driving innovation in smaller scheme de-risking

Legal & General (‘L&G’) has secured over £1 billion of pension scheme liabilities through its L&G Flow solution (‘Flow’) since launch, including £360 million in 2025.

One Year On: L&G’s Guided Retirement Planner helps turn engagement into action

In just 12 months since launch, roughly one in five members aged 55+ have already begun their Guided Retirement Planner journey.

L&G joins major finance firms to launch UK Retail Investment Campaign

L&G is supporting an industry-wide campaign to raise consumer awareness of investing and its benefits for financial wellbeing.

L&G’s Ignite platform adds Cumberland Building Society as lender partner

The partnership enables brokers to instantly access and compare Cumberland Building Society’s mortgage products.