Company
Legal & General Group PLC
LON:LGEN
Legal & General Group PLC is a holding company for a group of risk, savings and investment management businesses. Its risk business is engaged in the provision of financial security for customers and their families, including life assurance, critical illness cover, retirement income, and buildings and contents insurance.
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FTSE 100 climbs as EU responds to Trump's steel tariffs, L&G buyback falls flat
Stock markets in London and Europe are on the front foot, following two days of falls
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Legal & General buyback affordable but unattractive – broker
A buyback could well break L&G's 'share price deadlock,' but there are other options, according to UBS
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Pension fund reform urged to help UK tech sector and improve returns
“We missed the technology bubble in 2000 when a lot of the great companies of today were formed and have scaled up"
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Solvency II – what is it and how could it unlock £100bn from insurers?
Will the reforms feed straight through to bigger dividends and share buybacks or what?
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Legal & General takes £10mln hit from chaos in pensions market
The FTSE 100-listed insurer said it expects resilient full-year 2022 operating profit growth in line with the 8% delivered in the first half despite taking a £10mln hit from the chaos caused by Kwasi Kwarteng's mini-budget.
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FTSE 100 closes up as traders push for year-end rally
The UK's top share index closed up almost 40 points, or 0.53%, at 7,385
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Concerns over LDIs unlikely to go away in echoes of 2008
It may have a different acronym but are LDIs going to be the 2020s equivalent of CDOs?
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Legal & General has met collateral calls without difficulty
The financial services giant said it had not been a forced seller of gilts or bonds despite the recent market turmoil and that solvency ratios remained strong
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L&G still a sell despite beating forecasts, says UBS
The insurer's operating profit surpassed consensus forecasts by 3% in the first half
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L&G grows profits in line with expectations as retirement income grows
The insurer is on track to generate £8bn to £9bn of cash and capital between 2020 to 2024 after achieving 22% growth in cash generation in the first half of £4.3bn
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FTSE 100 closes marginally higher as Wall Street remains cautious ahead of CPI data
At the close, the UK blue-chip index was 5.78 points, or 0.01% higher at 7,488.15, below the session peak of 7,504.64 but above the day’s low of 7,475.04
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Legal & General upgraded ahead of results
The pension risk transfer market could provide a new avenue for growth for UK life insurers
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Legal & General on track to deliver £1.8bn of capital generation in 2022
The buoyant outlook follows strong growth in the insurer’s pension risk transfer portfolio
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Legal & General posts robust annual profits growth
The group said the 11% rise in operating profit “marks a return to our long-term rate of growth, having been resilient through the pandemic”
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Legal & General still has value to unlock says Citigroup
"Management has consistently delivered double-digit EPS and strong DPS growth"
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Legal & General has potential to over-deliver as it branches out
Barclays likes the look of L&G Capital, which makes direct investments into alternative assets, such as housing, infrastructure and energy.
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Legal & General justifies decision to continue paying dividends in 2020
"We have delivered a strong set of financial results, with EPS up 21% since H1 2019 and we expect to deliver double-digit growth in operating profit at the full year," said CEO Nigel Wilson
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Smaller companies lag on gender and racial diversity at board levels, study finds
"Progress on board diversity has been painfully slow, yet, recently, there has been a creeping sense that what has been achieved is ‘enough’ and no more effort is needed"
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Legal & General sanctions 130 companies over climate change foot-dragging
Four companies have also been axed from its portfolios
There are solutions to gender pensions gap, analysts say
Taking out a Lifetime ISA could help to maximise savings, according to Hargreaves Lansdown
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Women over 50 to retire with pension half the size of men’s, says Legal & General
The consequences of decades of gender pay gap and unpaid caring work build up into retirement