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Legal & General publishes UK Gender Pay for 2019
Legal & General Group Plc (Legal & General) has reported a continued narrowing of its median gender pay gap for 2019.
12 Mar 2020
In new figures published today, Legal & General disclosed that the median gender pay gap across all its UK businesses narrowed by 1.8% in 2019, and by 3.2% across its investment management division. This also marks the first year that pay gap figures from CALA, Legal & General’s recently acquired house-building business, were integrated into group-wide reporting.
Like many organisations across the diverse range of industries in which Legal & General operates, particularly financial services and investment management, the gender pay gap is the result of having historically employed more men than women in more senior, higher-paid roles – something Legal & General is working to change.
Further information
John Godfrey
Director of Levelling Up (2006 - 2023)
Group Communications
T: 020 3124 2090
Notes to editors
Established in 1836, Legal & General is one of the UK’s leading financial services groups and a major global investor, with £1.2 trillion in total assets under management (as at FY23) of which c40% (circa £0.5 trillion) is international.
We have a highly synergistic business model, which continues to drive strong returns. We are a leading international player in Institutional Retirement, in Retail Savings and Protection, and in both public and private markets through our Asset Management division. Across the Group, we are committed to responsible investing and dedicated to serving the long-term savings and investment needs of customers and society.
As at 7 June 2024, we estimate the Group’s Solvency II coverage ratio to be 224%.
As at 11 June 2024, Legal & General has a market capitalisation of £14.6 billion.