Press releases

Over £800m secured for smaller pension schemes using L&G Flow

Since the start of 2022, Legal and General Assurance Society Limited (“L&G”) has cumulatively insured more than £800m of pension liabilities using L&G Flow, its tailored solution for smaller pension schemes, securing the benefits of thousands of pension scheme members across the UK.

Powering Europe’s energy transition: L&G and NTR raise over €600m in final close of L&G NTR Clean Power (Europe) Fund

Legal & General (L&G) and NTR have secured total commitments of over €600m to drive Europe’s ambitious decarbonisation and energy security agenda.

First-time buyer activity up 45% in Q1 2025, L&G data reveals

Data from L&G’s Ignite platform points to a significant increase in first-time buyer searches for mortgages, including a rise in older buyers looking to step onto the property ladder for the first time.

L&G’s Mortgage Services business appoints Kelly Bretherton as Head of Ignite

L&G’s Ignite platform is a free integrated tool that has been designed to provide seamless support for mortgage research.

The Divorce Gap – women see their household income cut in half in the year after a divorce

Women’s incomes cut in half following a split – leaving them financially vulnerable (24%) and struggling to meet the cost of essentials (19%) and this can impact retirement.

L&G appoints Jane Simpson as Head of Strategic Accounts for broker partners at Mortgage Services

Jane Simpson will oversee daily relations with partners and help drive growth across the broker side of L&G’s Mortgage Club business.

L&G appoints new US Asset Management Chief Executive

Jed Plafker to join L&G as CEO of Asset Management, America in May 2025.

L&G appoints Andy Parsons and Lois Day to the Mastertrust Trustee Board

L&G has appointed Andy Parsons and Lois Day as Trustees of the L&G Mastertrust, with effect from 1 March 2025 and 24 March 2025 respectively. Meera Venu will stand down from the Board after a successful three-year term on 30 June 2025.

L&G’s total commitment to nature conservation and sustainable development in emerging markets hits over $1bn with launch of Nature and Social Outcomes strategy

L&G announces today that it has committed a further $235m (£183m) to nature conservation and sustainable development in emerging markets (‘EMs’) through the launch of its Nature and Social Outcomes strategy (‘the strategy’).

Japan's leading housing developer joins forces with L&G to scale up delivery of high-quality rental housing in the UK

Partnership with Nomura Real Estate Development aims to deliver over 1,000 homes, with the first Central London site acquired.

L&G appoints Paula Llewellyn as CEO, DC & Workplace Savings

Largest UK DC pension provider announces change to executive leadership team.

L&G completes combined £785 million buy-in with three pension schemes sponsored by Anglo American

Legal & General Assurance Society Limited (“L&G”) has completed buy-ins totalling £785 million with three pension schemes sponsored by Anglo American Services (UK) Ltd: The Tarmac UK Pension Scheme, the Tarmac ‘B’ Pension Scheme and the Anglo UK Pension Scheme (the “Schemes”).

2024 Full Year Results: Core operating profit up 6%, executing our growth strategy with a sharper focus and enhanced returns, with a £500m buyback

Strategic partnership kickstarts investment to develop thousands of new rental homes

First site acquired in landmark BTR partnership between Nest, L&G, and PGGM.

Legal & General completes £505 million buy-in with the Inchcape Motors Pension Scheme

Legal & General Assurance Society Limited (“Legal & General”) has announced the 2024 completion of a £505 million buy-in with the Inchcape Motors Pension Scheme (“the Scheme”), securing the benefits of 2,295 retirees and 5,890 deferred members.

L&G grows Investments team in Asia

Uday Patnaik, Head of Asia Fixed Income and Global Head of Emerging Market Debt, relocates to Singapore; expanding local capabilities for growing client base.

L&G’s new Guided Retirement Planner aims to help members navigate the “lottery effect” at retirement

Legal & General (‘L&G’) has seen positive early momentum for its new Guided Retirement Planner, which aims to help deliver better outcomes for its 5.5 million DC workplace members when they reach retirement age.

L&G Mortgage Club and Smartr365 unveil integrated digital solutions to drive better adviser outcomes

Legal & General (L&G) has enhanced its Mortgage Club digital offering for advisers, in partnership with mortgage platform Smartr365.

Eric Adler to become Chair of The Academy of Real Assets and shares ambition for further growth in UK

Eric Adler to succeed Phil Clark, who steps down after six years as founding Non-Executive Chair of the Advisory Board.

L&G expands index range with the launch of new infrastructure, bond, and equity index funds

L&G expands index range with the launch of new infrastructure, bond, and equity index funds

Legal & General completes £370 million buy-in with the TUI Group UK Pension Trust

Legal & General Assurance Society Limited (“Legal & General”) has completed a £370 million buy-in with the BAL section of the TUI Group UK Pension Trust (“the Scheme”).

One in 10 couples who split over the age of 50 use property wealth to fund the cost of divorce

Property is the priority asset up for discussion at the point of divorce for over 50s (60%).

L&G announces the sale of its US protection business to Meiji Yasuda, and the creation of a long-term strategic partnership, for a valuation of $2.3bn

L&G announces the sale of its US protection business to Meiji Yasuda, and the creation of a long-term strategic partnership, for a valuation of $2.3bn

L&G Group Protection reports 79% year on year increase in digital health service usage

New Chief Medical Officer report reveals how added-value digital health services are fundamental to their GIP proposition; helping people and business grow.