Legal & General Retail helps create brighter financial futures for all our customers. The division covers the savings, protection and retirement needs of our c.14 million retail policyholders and workplace members.   

In 2023, we had total individual annuity sales of £1,431 million, and issued £299 million of Lifetime Mortgages and Retirement Interest Only Mortgages. Our Workplace pension platform served 5.2 million members, while our Protection businesses gave peace of mind to several million direct, group and US customers, taking in £1,991 million of UK and $1,584 million of US gross written premiums.

 

Annuities

We’re a long-standing provider of annuities and ranked amongst the FTSE top 100 companies.

As one of the leading providers in the retirement income space, we have a range of products offering guaranteed income for life and fixed income plans.

As of May 2024, we had over 1,011,000 annuity customers.

In the 12 months to May 2024 we paid our customers over £3.29 billion in retirement income.

We remain committed to the retirement income market, it's advisers and their clients.