Legal & General

Legal and General (L&G) has announced a major restructuring that will see its defined (DC) contribution platform being moved into the group's investment business.

The UK bulk annuity market exceeded £8.5bn in the first three quarters of 2014, making this year already the busiest on record, according to figures published today.

The Aon Minet Pension Scheme has secured a third pensioner buy-in in five years, entering into a £210m deal with Pension Insurance Corporation (PIC).

Legal & General (L&G) has reinsured the longevity risk relating to £1.35bn of bulk annuity contracts with Prudential Retirement Insurance and Annuity Company (PRIAC).

The Ofcom Staff Pension Plan has secured a £50m buy-in with Legal and General (L&G), covering approximately 30 pensioners and 320 deferred members.

LCP has added a buy-in pricing tracker to its online valuation tool which uses up-to-date information from the biggest insurers to help clients make de-risking decisions.

The ICI Pension Fund agreed a £3.6bn buy-in earlier this year. Natasha Browne hears from the chief executive about how it went

Legal & General Assurance Society (LGAS) chief executive John Pollock will retire after 35 years with the business at the next annual general meeting on 21 May 2015.

Hymans Robertson has announced a partnership with Friends Life, Legal & General and Zurich UK Life to deliver its Guided Outcomes (GO) defined contribution platform.

Legal & General (L&G) master trust held an annual general meeting (AGM) on 10 September, in what is believed to be a first for the sector.