Press releases

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.

L&G report reveals potential £220 billion investment prize for UK economy

Legal & General (‘L&G’) commissioned research, produced by Oxford Economics, shows that a suite of six policy changes has the potential to deliver an up to £220 billion boost in UK investment over the next decade, permanently adding 0.7% to UK GDP by 2035.

Legal & General announces two senior appointments

Legal & General (‘L&G’ or ‘the Group’) today announces two senior appointments further strengthening its leadership team as it drives forward its ambitious growth strategy as a simpler and better-connected business.

L&G’s Mortgage Club business adds Ecology Building Society to lender panel

The partnership gives L&G's Mortgage Club members access to a wider range of specialist products to support borrowers looking to make greener choices.

Lesley-Ann Morgan appointed Global Head of DC

Morgan will spearhead global DC client growth as L&G strengthens its market-leading position.

L&G announces new Head of Reinsurance

Donna Cowell will play a key role in delivering a joined up and effective reinsurance strategy.

Less than 1 in 10 mortgage customers would arrange a loan using only automated tools despite digital boom

L&G research found that only 7% of consumers said they would arrange a mortgage entirely online using automated tools.

L&G’s Mortgage Services business announces new Strategic Relationship Manager

Vicky Windsor will play a key role in developing and maintaining strategic relationships with lender partners.

L&G completes £96 million buy-in with the Cosworth Racing Limited Pension Fund

Legal and General Assurance Society Limited (“L&G”) today announces the completion of a £96 million buy-in with the Cosworth Racing Limited Pension Fund (“the Fund”), securing the pension benefits of over 1,000 retirees and deferred members.

L&G extends increasing cover flexibility to existing customers

Existing customers with increasing cover policies will benefit from greater flexibility, ensuring their protection stays relevant and valuable as their needs evolve.

L&G completes £4.6 billion buy-in with Ford pension schemes

Legal & General Assurance Society Limited (“L&G”) has today announced the completion of two buy-ins totalling £4.6 billion with pension schemes sponsored by Ford Motor Company Limited (“the Sponsor”). This includes the Ford Hourly Paid Contributory Pension Fund and the Ford Salaried Contributory Pension Fund (“the Funds”).

L&G Investor Deep Dive: Retail

Legal & General Group Plc (“L&G” or the “Group”) will today hold an Investor deep-dive on its Retail business.

L&G announces £2bn impact investment to drive regional growth across the UK

Legal & General (‘L&G’) today announces a commitment of £2 billion to impact investment by 2030 to accelerate regional growth and regeneration across the UK.

L&G announces collaboration with Microsoft to drive customer-focused AI transformation

L&G’s Retail business will work with Microsoft to enhance customer service.

Scott Wheway appointed Legal & General Group Plc Chair

Legal & General Group Plc (‘L&G’ or the ‘Company’) today announces that it has appointed Scott Wheway to succeed Sir John Kingman as Chair of the Company.

Gareth Mee appointed as L&G’s CEO of Institutional Retirement

L&G today announces the appointment of Gareth Mee as Chief Executive Officer of Institutional Retirement. Institutional Retirement is L&G’s largest business, with the Group’s total global annuity book standing at an estimated £96 billion as at HY25. L&G is the UK’s longest-standing active bulk annuity provider with a stated ambition to write £50-65bn UK PRT over 2024-2028.

L&G expands Guided Retirement Planner to support younger DC members

Expansion broadens access to all members to help younger people take important early actions that build long-term financial outcomes and confidence

L&G breaks industry record as it surpasses £200 billion in DC assets

Milestone evidences the DC provider’s commercial momentum.

Andrew Kail appointed as L&G’s Group Chief Financial Officer

Legal & General Group Plc (‘L&G’ or the ‘Company’) today announces that Jeff Davies has informed the Board of his decision to stand down from his role as Group Chief Financial Officer ("CFO"). In line with the Group's succession plans, Andrew Kail will be appointed as Group CFO (subject to regulatory approval) and Executive Director with effect from 1 December 2025.

L&G’s Retail business announces new Distribution Director

L&G has today announced the appointment of Cecilia Furner to the enhanced role of Distribution Director of Retail Retirement, leading Home Finance’s distribution team alongside Retail Annuities.

L&G completes c.£1.6 billion buy-in with the BP Pension Fund

Legal and General Assurance Society Limited (“L&G”) has announced the completion of a c.£1.6 billion buy-in with the BP Pension Fund (“the Fund”). This marks a first transaction for the c.£18 billion Fund.

L&G digitises claims submission process for single and over 50s life claims

This enhancement of L&G’s digital claims offering follows the digitisation of the claims process for health, joint life and income protection products.

L&G App is now the highest-rated workplace pension app in the UK

The provider is committed to making pension planning more accessible and actionable for members with a wave of innovative new features.