Press release

Legal & General with profits announcement

Legal & General today announces the bonus rates on its with profits policies for the 12 months to 31 December 2018.

21 Feb 2019

The company added bonuses worth £355 million to its with profits policies in 2018 (£319 million added in 2017).

In 2018, the assets held for our with profits customers returned -3.3% before tax. However, over 25 years the assets have returned 7.1% per annum before tax and over 10 years the annual return is 8.0% before tax. This has exceeded the average inflation rate of 2.8% and 3.0% over the same periods based on the UK Retail Prices Index. It has also exceeded the return on an average balanced managed fund based on a single premium investment.

Notes to editors

Established in 1836, L&G 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 HY24) of which c. 40% (c. £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.

Related content

A senior woman dancing with her husband outdoors in a their back garden.

Press release

Another record year for annuities as Legal & General tops £2bn in sales

Legal & General Retail’s annuity sales have reached an all-time high of £2bn so far this year, indicating more people place value on having certainty over their finances.

Press release

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.

A smiling doctor reviews a medical record with female patient.

Press release

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.