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.
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 FY25) of which c. 43% (c. £0.5 trillion) is international. We have a highly synergistic business model, which continues to drive strong returns. We are a leading player in Institutional Retirement, in Retail Savings and Protection, and in Asset Management through both public and private markets. Across the Group, we are committed to responsible investing and dedicated to serving the long-term savings and investment needs of customers and society.