L&G sees flat profits but LDI and master trust use grow

James Phillips
clock • 2 min read
L&G sees flat profits but LDI and master trust use grow

Legal & General saw flat movements in operating profit over the course of 2020, and a fall in profit after tax, although its retirement and investment management businesses grew.

The financial services provider's results for 2020, published today (10 March), recorded the biggest rise in its retirement business, comprising both institutional bulk annuities and retail sales, at 10%....

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