Growth in investment management fees continues to slow
LGRI and LGIM divisions jointly launch report on DB endgame insights
Transaction has secured the benefits of all 89 members of the scheme
Buy-in set to secure the benefits of six pension scheme members
Second deal for two-section scheme sees all members’ benefits now insured
Deal with pub and restaurant operator is the 20th to be announced by the insurer this year
Provider and insurer also saw a 30% growth in AUM within its DC business
Bulk annuity transaction insures more than 80 members and prepares scheme for buyout
Legal & General (L&G) completed 28 bulk annuity transactions with UK pension schemes over the course of 2019, its annual report reveals.
Legal & General (L&G) has published its 2018 results, revealing a 10% rise in operating profits driven by strong growth in both its retirement and defined contribution (DC) businesses.