L&G finds reforms could add 0.7% to UK GDP in next decade, delivering £8.8bn for government
Insurer says PRT pipeline remains ‘strong’ and expects £40bn to £50bn in total volumes for 2025
There is investment in a wide range of private market assets through a variety of structures
Insurer’s full-year results also show ‘continued strong growth’ in the firm’s DC business
Insurer estimated to write £8.4bn of PRT deals in 2024 as part of target of £50-65bn by 2028
Firm makes strategic investment in Boston-based real estate PE firm Taurus Investment Holdings
Partnership looks to support government targets to build a further 1.5 million homes
Chancellor vows 'big bang on growth' to boost investment and savings as phase 1 of review
Firm says private markets fund has already received ‘considerable interest’ from clients
Move aims to increase store of future profit and help catalyse asset management growth