Around 12,000 pensioners who hold annuities with Legal & General have been left without their regular payouts after a technical blunder.
The insurance giant told the Independent it was working to sort out the problem but said it was a "one-off" which would not affect the pensions of its other 650,000 annuity customers. Those who ...
To continue reading this article...
Join Professional Pensions
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date
