Company News

Legal & General to enter the lifetime mortgage market by acquiring New Life Home Finance Limited

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Legal & General Group has announced its intention to acquire 100% of New Life Home Finance Limited (“Newlife”) for a consideration of £5m.

Legal & General announces UK regeneration funding vehicle

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Legal & General Group Plc today announces a new regeneration vehicle to provide investment into UK regeneration projects including housing and infrastructure.

Legal & General Investment Management restructures its leadership team

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Legal & General Investment Management (LGIM) today announced a restructure of its leadership team. This move is designed to drive LGIM’s future business growth across its key product ranges while continuing to meet its clients’ evolving needs, in the UK and internationally.

Legal & General - Stronger global growth expected as monetary policy diverges further in 2015, says Legal & General (Fundamentals Briefing)

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In today’s Fundamentals briefing, Legal and General Investment Management’s Head of Economics, Tim Drayson, examined the contrast in performance between the major economies and what this means for key asset classes next year.

Legal & General - Directorate change

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The Board of Legal & General Group Plc (the "Company") is pleased to announce the appointment of Carolyn Bradley as an independent non-executive director of the Company. The appointment will take effect immediately.

L&G's PAIF acquires three care homes for £25.2m from Bridges Ventures

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Legal & General Property (LGP), on behalf of its Legal & General UK Property Fund, announces that it has successfully acquired a portfolio of three care homes from the Careplaces Fund, the specialist healthcare property fund managed by Bridges Ventures in partnership with care home developer Castleoak. Purchased for a total consideration of £25.2 million, the deal represents a net initial yield of 5.5%.

Legal & General secures the UK’s largest pension buyout

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Legal & General’s Retirement, (LGR) business has secured a £2.5 billion partial buyout with the TRW Pension Scheme, (“the Scheme”) removing these liabilities from TRW Automotive’s balance sheet and insuring over 22,000 of the Scheme’s pensioners.

Legal & General and Patron Capital launch a strategic partnership to invest in long term property-related opportunities with a positive social impact

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Legal & General Capital and Patron Capital today announce that they have established a new strategic partnership to identify and invest in long-term, operational, real-estate and infrastructure backed investment opportunities with a positive social impact. Patron will act as the primary originator and day-to-day investment manager, using its wealth of experience and resources.

Directorate change - Appointment of Richard Meddings

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We are pleased to announce the appointment of Richard Meddings as independent non-executive director of the Company. His appointment will take effect from 1 December 2014.

Lower terminal rates do not signal weaker economic growth

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In today’s Fundamentals briefing, LGIM asset allocation strategist Christopher Jeffery examines factors that have driven terminal rates lower and what this may mean for the economic and market outlook.

Legal & General insures £129m of Unilever’s “Section 615” pension liabilities

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Legal & General Group Plc (“Legal & General”) has agreed a bulk annuity arrangement with the Trustees of the Uniac Pension Fund (“the Fund”) to insure £129 million of the Fund’s liabilities through a buy-in policy held as an investment of the Fund.

What is ageing? Can we delay it?

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A new report by the Longevity Science Panel concludes that the biological process of ageing is complex and an anti-ageing ‘wonder’ pill is not in sight.

John Pollock to step down from the Legal & General board.

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Executive Director John Pollock has informed Legal & General’s Group Board that he intends to step down at the next AGM on 21 May 2015.

Legal & General to withdraw from membership of the Association of British Insurers.

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Legal & General has informed the Association of British Insurers (ABI), that it will cease to be a member of the organisation at the end of 2014

Nigel's blog

Mansion Tax: No Substitute for Better Housing or Fairer Tax

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The political attractions of a Mansion Tax on houses worth over £2 million are obvious.  It’s anti ‘Fat Cat’, it’s anti-London; and sends a message to those who can’t afford housing: “we’re on your side”.


For us corporate responsibility is a long-term commitment, which underpins everything we do.

2013 CSR Report


Our report shows how we’re only building just over 100,000 homes each year, when we need more than double that number.

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Nigel Wilson: "Nudge is not enough"

Read the article in the Sunday Telegraph in which our CEO explains how we need to build more and save more.

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And the winners are...

Find out which of our inspirational employees won the Chairman's Community Awards, as voted by you. These awards showcase the amazing employees we have in our company, who give their time to help others.

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Nigel Wilson: "How the North can rise again"

Read the article in the Daily Mail in which our CEO gives five reasons why 2015 is a big year for the North.

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Our Q3 interim management statement is available to view online

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