Milestones 1960 - 1980

History of success

1960s

  • Head office moved to Temple Court
  • Asset value £1 billion by end of the decade

1970s

  • Established "Legal & General (Pensions Management)"
  • Introduced index-linked policies and entered unit-linked market
  • Established a direct sales force
  • Asset value exceeded £2.5 billion
  • Legal & General Group plc is established

1980s

  • Purchased US-based Government Employee Life Insurance Company renamed Banner Life
  • Acquired Dutch branch of Unlike Assurance Group and merged into a new Legal & General Netherlands subsidiary
  • French life branch is incorporated
  • Legal & General Mortgage Services Limited is incorporated
  • Purchased William Penn Life Insurance Co. of New York and our first estate agency
 

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Legal & General Group Plc. Registered in England. Registered Number: 1417162. Registered Office: One Coleman Street, London EC2R 5AA. Legal & General Group Plc is a holding company, subsidiary undertakings of which are fully authorised as appropriate under the Financial Services and Markets Act in respect of their investment activities in the UK.
© Legal & General Group Plc 2010

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