We run numerous seminars throughout the year tailored for advisers, consultants, trustees, legal professionals and journalists.
Costas Yiasoumi expects a bumper year for bulk annuity de-risking and says preparation can help schemes achieve their risk management objectives
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.
Frankie Borrell reviews developments in the pension risk transfer market throughout 2016
Legal & General has agreed to sponsor the International Longevity Centre - UK (ILC-UK) website for three years from November 2016.
Legal & General Group Plc (“Legal & General”) today announced it has completed a £1.1 billion pension buyout for the Vickers Group Pension Scheme – part of the Rolls-Royce Group – covering over 11,000 members. This is the largest pension risk transfer transaction in 2016.
Rating agencies and regulators focus on insurers' short-term financial strengths, but for pension provision, wider considerations come into play, argues Dave Watt.
Legal & General is helping to finance a new state-of-the-art fleet of 58 trains, or 378 vehicles, for the East Anglia rail franchise run by Abellio.
Matt Wilmington, Director of Strategic Transactions talks about the ICI Pension Fund's £750 million buy-in with Legal and General, executed just over a week after the EU referendum.
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.
John Towner speaks to L&G.tv about the steps pension schemes can take in advance of putting in place an insurance de-risking arrangement.
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.
Matt Wilmington argues that being ready to transact can help schemes take opportunities presented by favourable market movements.
We executed the transfer deal with ICI PF shortly after the EU Referendum, working together quickly to make good use of market opportunities.
Alyssa Manning examines how the US is now following the UK’s lead in pension risk transfer
Our half year report covers our business highlights, an overview of the bulk annuity and longevity market, recent developments such as the EU referendum and our approach to UK direct investments.
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.
In light of the significant market volatility following the outcome of the EU Referendum, Legal & General Group plc updates the market on its balance sheet strength: specifically its Solvency II ratio, credit portfolio, derisking actions and providing cash generation guidance for the half year.
Legal & General Capital, the principal investment arm of Legal & General Group, is to partner with Newcastle City Council and Newcastle University, to help build and finance the £350 million Newcastle Science Central development.
Our comprehensive report features expert commentary from across the industry including pension scheme advisers, trustees, and Legal & General’s Pension Risk Transfer and Investment Management teams.
We are delighted to announce Aegon has chosen us to secure its policyholders' annuities.
John Towner reasons that undertaking a pension buyout can transform a company's pension deficit into a more attractive and stable liability.
A Working Group of industry specialists has published an impartial guide to help trustees and others understand the use of medical underwriting in bulk de-risking solutions for defined benefits schemes.
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 is pleased to announce we have completed our second transaction in the US, a $65 million buyout.
Legal & General has secured a £230 million medically underwritten buy-in with the Kingfisher Pension Scheme.
Legal & General has announced a long term debt investment of £400 million in DP World’s London Gateway Port, forming part of a £580 million secured financing transaction.
John Towner explains how sponsoring companies are increasing the affordability of buy-ins and buyouts.
Legal & General has invested £750m in UK Infrastructure and direct lending in Q1 2016, with the completion this week of £250m of financing for a commercial infrastructure deal.
Legal & General has entered into its first large UK pension risk transfer deal of 2016, and is competing on UK pension risk transfer deals of over £10 billion. The transaction is a buy-in, for around £330m in pension liabilities.
Net cash generation up 14% to £1,256m (2014: £1,104m); Operating profit up 14% to £1,455m (2014: £1,275m); Profit after tax up 10% to £1,094m (2014: £992m).
Schemes must not be afraid to reach out to insurers directly, writes Russell Lee.
Our aim to build thousands of homes will help tackle the UK's housing crisis.
Dominic Moret explores the different ways a pension scheme can de-risk while on the route to full buyout.
The latest in a series of Legal & General initiatives to invest long-term capital across the towns and cities of the UK.
Legal & General has entered into the European pension risk transfer market, with its first deal in Holland. L&G is now writing pension risk transfer business in the UK, US and Europe.
Legal & General America announces it has entered into an agreement with the US subsidiary of Royal Philips.
Matt Wilmington joined Legal & General in April 2016 as Director of Strategic Transactions. Matt leads on strategic longevity, buy-in and buyout transactions, focusing particularly on our large multinational client relationships.
Nearly two thirds (64%) of the UK's large pension schemes to use insurance de-risking solutions according to research by Legal & General and Engaged Investor.
Legal & General has secured a £2.5 billion partial buyout with the TRW Pension Scheme, removing these liabilities from TRW Automotive’s balance sheet and insuring over 22,000 of the Scheme’s pensioners.
Legal & General has announced that it has secured a buy-in arrangement with the ICI Pension Fund, covering £3bn of the pensioner liability. The buy-in is the largest ever bulk annuity policy arranged by a pension scheme in the UK.