Press releases

L&G and Blackstone announce strategic partnership to accelerate growth ambitions

Today, Legal & General (L&G, LSE:LGEN) and Blackstone (NYSE:BX) are announcing a long-term strategic partnership that combines the strength of L&G and Blackstone’s respective credit platforms to enhance L&G’s competitive advantage in annuities and bolster its asset management proposition in key geographies and channels.

L&G’s Private Markets Access Fund hits £1.3bn in its first year

Fund utilises L&G’s scaling private markets platform, deploying capital across its specialist real estate, private credit and infrastructure strategies.

L&G appoints Jayesh Patel as Head of UK DC Distribution

His appointment continues the commercial momentum of L&G’s market leading Defined Contribution (DC) & Workplace Savings business.

L&G facilitates DB surplus transfers to DC schemes

Client offering responds to long term trend of DB scheme surplus growth, providing capital redeployment solutions.

L&G Industrial Property Investment Fund secures £500m credit facility to bolster acquisitions and developments

L&G today announces a refinancing of its Industrial Property Investment Fund (“IPIF” / “the Fund”), through a newly agreed £400m Revolving Credit Facility (RCF), increasing funding capacity from its previous £350m facility, with the ability to extend the facility to £500m subject to lender support.

L&G announces 2024 Group Protection claims, prevention and rehabilitation outcomes

L&G paid out almost £1 million per day in Group Protection claims on average in 2024.

L&G Investor Deep Dive: Asset Management

Legal & General Plc (“L&G” or the “Group”) will today hold an Investor deep-dive on Asset Management – the second in a series of three deep dives on its core businesses.

L&G appoints Dan Batterton as Head of Housing to drive growth of UK housing platform

Global investor L&G has appointed Dan Batterton as Head of Housing, UK, effective immediately. Dan has been promoted to lead housing investment across L&G’s Asset Management business, encompassing build-to-rent, single family housing, affordable housing operations and purpose-built student accommodation.

L&G expands private credit portfolio with £250m Magnavale Cold Storage investment

UK & European Real Estate Debt team completes loan to diversify into new logistics sectors.

L&G’s Vanessa Sallows steps down, but not out, as Tracey Bridger is appointed Claims & Governance Director for Group Protection

Tracey Bridger, current Head of Claims for Group Protection, will become Claims & Governance Director, as Vanessa Sallows takes on a new role.

L&G’s Mortgage Club business celebrates 30 years and over 56,000 brokers supported

L&G's Mortgage Club business is hosting a series of events to mark the 30th anniversary.

L&G upgrades Group Critical Illness Cover

The upgrades will support an improved experience for employers and their employees.

L&G expands Private Markets platform with 75% stake in real estate investor Proprium to accelerate growth into new markets

L&G and Landsvirkjun deepen collaboration with $50 million renewable energy investment

L&G partners with Landsvirkjun, Iceland’s National Power Company and largest energy provider, to fund renewable projects.

L&G announces winners of 14th Annual Business Quality Awards

L&G’s annual awards celebrate firms and networks who have delivered exceptional levels of customer service.

L&G’s Home Finance Business Launches Leading the Way Campaign

Campaign shines a light on the people working behind the scenes to support each equity release customer.

L&G pays out over £1bn Retail Protection claims in 2024

L&G’s Retail Protection business paid an average of £2.5m in claims a day.

Remortgage activity increases 34% in Q1 2025 as 1.8 million fixed-rate deals mature

L&G’s broker data indicates that many older homeowners will be paying mortgage debt in retirement.

New L&G data reveals value of technology to long-term absence management

The latest instalment of L&G's Chief Medical Officer report reveals strong return-to-work outcomes for Group Income Protection claimants.

L&G expands student living strategy with Nottingham acquisition

Platform bolstered by addition of third purpose-built student accommodation scheme & senior hire.

L&G’s "All-Cap-All-Market" Multifactor-Equity ETF lists in Italy

ETF aims to give investors easy access to Gerd Kommer's "world portfolio concept".

Over £800m secured for smaller pension schemes using L&G Flow

Since the start of 2022, Legal and General Assurance Society Limited (“L&G”) has cumulatively insured more than £800m of pension liabilities using L&G Flow, its tailored solution for smaller pension schemes, securing the benefits of thousands of pension scheme members across the UK.

Powering Europe’s energy transition: L&G and NTR raise over €600m in final close of L&G NTR Clean Power (Europe) Fund

Legal & General (L&G) and NTR have secured total commitments of over €600m to drive Europe’s ambitious decarbonisation and energy security agenda.

First-time buyer activity up 45% in Q1 2025, L&G data reveals

Data from L&G’s Ignite platform points to a significant increase in first-time buyer searches for mortgages, including a rise in older buyers looking to step onto the property ladder for the first time.