Nigel Wilson, Group CEO: "Our long term approach to strategy and investment coupled with outstanding execution has again delivered terrific financial performance in 2016."
Legal & General's Pension Risk Transfer business has appointed Chris DeMarco as Managing Director of UK Pension Risk Transfer (PRT) and Costas Yiasoumi as Head of Core Business.
Legal & General Retirement today announced it has invested over £2 billion in direct investments, including infrastructure, housing and lifetime mortgages in 2016, over double last year's investment.
Legal & General has agreed to sponsor the International Longevity Centre - UK (ILC-UK) website for three years from November 2016.
Legal & General has announced it has completed a £1.1 billion pension buyout for the Vickers Group Pension Scheme.
Legal & General Group Plc ("Legal & General") today said its Retirement Division was on track to double its new business sales in 2016, with sales now at £5.4 billion (£2.9 billion, FY 2015).
Legal & General has backed investments of over £1 billion in East London in 2016. It has already invested over £8 billion in: UK infrastructure; Housing and Urban Regeneration; and SME Finance, and is on track to invest £15 billion.
Legal & General has agreed its first infrastructure transaction in the U.S. as part of a strategy to target real asset deals which provide high quality long-term returns to match pension liabilities.
Standard and Poor's have held their annual rating committee on Legal & General Group core subsidiaries, and affirmed their rating at AA- Outlook Stable.
Net cash generation up 16% to £727m (H1 2015: £629m); Operating profit up 10% to £822m (H1 2015: £750M); Profit after tax up 22% to £667m (H1 2015: £547M).
This charter aims to improve gender diversity and increase the number of women in senior leadership positions across the financial services sector.
Legal & General Group Plc ("Legal & General") today said that its Retirement Division had experienced strong new business sales in H1 2016 with minimal disruption caused by uncertainties over the EU Referendum.
Legal & General to help build and finance the £350 million Newcastle Science Central development.
Legal & General is pleased to announce we have completed our second transaction in the US, a $65 million buyout.
Legal & General Property has committed £53.25M to acquire and fund the development of St James, Dover, a new retail and leisure scheme at the heart of Dover town centre, supporting the Council's wider regeneration work.
Legal & General has secured a £230 million medically underwritten buy-in with the Kingfisher Pension Scheme.
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