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

James Phillips
clock • 2 min read

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, ...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

More on Industry

Buzz: Will pension buyout deals slow in 2026?

Buzz: Will pension buyout deals slow in 2026?

Buyout deals, TPR VfM proposal and DC investment in affordable housing

Professional Pensions
clock 26 January 2026 • 1 min read
News Digest: Pension buyout deals slow as big companies weigh retaining schemes

News Digest: Pension buyout deals slow as big companies weigh retaining schemes

PP brings together all the latest news on pensions from across the national and financial media

Professional Pensions
clock 26 January 2026 • 1 min read
UK Pensions Awards 2026: Entries close today!

UK Pensions Awards 2026: Entries close today!

This year’s awards will be held on 11 June at The Brewery in London

Professional Pensions
clock 23 January 2026 • 3 min read
Trustpilot