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14 March 2012
Legal & General had a strong 2011. All four of our operating business divisions - Risk, Savings, Investment management and International - delivered increased sales, cash generation and profits. Our balance sheet is strong, and our outlook for 2012 positive.
Following the combination of growth and strong cash generation the Board is recommending a full year dividend of 6.40p per share - a 35% increase. At this enhanced level, the dividend is 2.25 times covered by net cash generation.
Legal & General has significant scale: seven million customers and assets under management of over £370bn. Our broad product range, diversified distribution and ability to deliver will enable us to grow the business, further enhance shareholder value, and take advantage of the opportunities created in a fast-changing market.
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Pensions are the investment of a lifetime. Find out more about products to suit your clients.
We offer a range of options and enhanced rates to help your clients get the most out of their annuity.
Our investment products aim to incorporate flexibility, performance and value for money.
We don’t just offer term. We also offer family, business and Inheritance Tax protection.