News and insights
Keep up to date with our latest news and insights
Reports
2026 half year market update
Exploring our business performance and industry trends in the first half of 2026.
Endgame insights: Putting theory into practice
Our Endgame Insights report brings together expertise from across L&G's Asset Management and Pension Risk Transfer businesses. Produced in partnership with the PMI, it explores the latest market conditions, trustee attitudes towards buyout and run-on strategies, and the opportunities emerging from improved funding positions.
2025 UK PRT market update
Read our market update which highlights our new business performance in 2025 alongside insights and commentary from across our team.
2025 half year PRT market update
Exploring our business performance and industry trends in the first half of 2025.
2024 PRT market update
Exploring our business performance and industry trends.
Endgame Insights
Our new report seeks to demystify the ‘endgame’ landscape and explore how Trustees can get the best outcome for their schemes.
Q3 PRT Monitor 2024
Read our latest Q3 PRT monitor analysing the growing momentum in the US market
PRT update – half year 2024
Download our half year 2024 PRT market update and latest client and customer service report
The de-risking journeys of large DB pension schemes
Download our research report
Market update FY 2023
Download our full-year 2023 PRT market update and latest client service report.
UK and US PRT Monitor - February 2024
We have published our latest Pension Risk Transfer (PRT) Monitor, analysing the growing momentum in the UK and US PRT markets.
Pension Risk Transfer Monitor - August 2023
We have published our latest Pension Risk Transfer (PRT) Monitor, analysing trends and dynamics in the UK and US PRT markets.
PRT update – half year 2023
Download our half-year 2023 PRT market update and latest client service report.
UK and US PRT Monitor - February 2023
View our latest Pension Risk Transfer (PRT) Monitor, analysing the growing momentum in the UK and US PRT markets.
Best Practice Guide
This insurer-led Best Practice Guide aims to help pension schemes to prepare for a quotation and drive greater standardisation and efficiencies across the market.
Global PRT Monitor
In our latest edition of the PRT Monitor, we analyse the global market dynamics and economic trends shaping today’s DB (Defined Benefit) pensions industry.
Articles
How long-term investment is helping shape East London's future
Discover how Here East is building on the legacy of London 2012, with long-term investment helping to create jobs, opportunities and economic growth in East London.
Why Customer Connection Still Matters in a Digital World
Digital innovation continues to transform the pensions industry. From online access and digital communications to AI-powered tools and data analytics, technology is helping insurers deliver more efficient and personalised experiences than ever before.
But while the ways customers interact with organisations are evolving, one thing remains unchanged: the importance of human connection.
Developing future talent to deliver outstanding member support
At L&G, we're committed to developing the next generation of talent. Through our apprenticeship programme, young people can gain recognised qualifications, build valuable workplace experience and develop long-term careers while helping to deliver positive outcomes for pension scheme members.
Simplifying a complex DB and DC arrangement
Together with WTW, we helped a pension scheme trustee simplify a complex hybrid pension arrangement, moving from buy-in to buyout in just over three months and bringing DB and DC benefits together with a single provider. The result was simpler governance and a more joined-up member experience.
The era of choice for DB endgames
In a world with more choice, understanding the differences between endgame options can help trustees consider how to best deliver member’s promised benefits.
Celebrating one year in Glasgow
As we mark one year since opening our Glasgow office, we sat down with Team Manager, Fiona Quinn, to reflect on the journey so far, her experiences and some of her key highlights since joining L&G.
John Towner: 30 years of 'unfathomable' change in pensions
As part of Professional Pensions’ 30th anniversary celebrations, John Towner, Managing Director of UK PRT at L&G, talks about 30 years of pension changes, highlights, and what the future holds for the industry.
Meeting Our Client and Customer Service Apprentices
Meet Cara Epega and Max Eagle, two of our talented apprentices who make a difference in our Client and Customer Service team.
A proud signatory to the Sustainability Principles Charter for the bulk annuity process
We are proud to be founding signatory to Accounting for Sustainability’s Charter released early in 2024.
A record-breaking £4.8 billion full scheme buy-in
The complexities associated with a transaction of such size required collaboration across all parties and innovative solutions to meet the Trustee’s and Sponsor’s objectives.
The British Steel Pension Scheme
In May 2023, we completed our fourth buy-in with the British Steel Pension Scheme as a final step to fully insuring the scheme. The transaction secured the remaining 40% of the liabilities bringing the total insured liabilities with L&G to c.£7.5 billion. In doing so, the scheme became the largest pension scheme in the UK to have secured full insurance
The PRT Pod
Our de-risking podcast that takes you under the umbrella at Legal & General to discuss the latest trends and market dynamics.
The PRT Pod
Our podcast on all things de-risking
Videos
Buyout, run-on or both?
In this latest episode of The PRT Pod guests Rosie Twist, Origination and Execution Director at L&G and Laura Amin, Partner at LCP explore the range of endgame strategies available to DB schemes.
Supporting our customers with additional needs
Every customer deserves to be treated with empathy, respect, and tailored support, especially those facing life’s greater challenges. Our latest video, “Supporting customers with additional needs,” shines a light on the people, principles, and practices that define our approach to customer care.
Our flagship customer event: BBC GWL 2025
In June, we returned to BBC Gardeners’ World Live in Birmingham for our flagship customer engagement event. We were pleased to welcome over 3,000 customers to our dedicated customer lounge.
About Our Institutional Retirement Business
Here is some insights into our global Institutional Retirement business and our proud heritage as the UK's longest-serving Pension Risk Transfer provider.
Evolving our customer service: expanding to Glasgow
We celebrated the opening of our new Glasgow office following our transaction with The British Steel Pension Scheme
Investing for the future
Our impactful investments boost the economy, create jobs, homes, and support local communities.
Meeting our customers in-person
We met our customers face-to-face at Inspired Villages' Ledian Retirement Village. These types of events enable us to strengthen our relationships with customers and provides them an opportunity to ask any questions about their pension.
Our customer service ethos
Our multi-award-winning Client and Customer services team highlight how we put customers at the heart of everything we do.
Meet our Client and Customer Service team
Meet the team responsible for ensuring we deliver a great service to members.
Client and Customer Services Animation
We’ve worked with defined benefit pension schemes for over 35 years. Providing income and security in retirement is a responsibility that drives everything we do.
Using pensions to regenerate Sheffield
Our CEO, Andrew Kail, and Global Business Manager, Natalie Bentley, recently returned to their hometown of Sheffield to see our purpose of Inclusive Capitalism in action.
Newcastle Helix regeneration
Together with Newcastle City Council and Newcastle University, we have invested in Newcastle Helix, providing office space and jobs for the local community.
Celebrating 35 years
We are proud to be celebrating 35 years since our first Pension Risk Transfer transaction in 1987.
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