Legal & General

The volume of bulk annuity transactions this year has already exceeded the 2012 total thanks to a flurry of large deals completed by Rothesay Life and Pension Insurance Corporation (PIC).

Insurers have welcomed the Office of Fair Trading's (OFT) recommendation to introduce independent governance committees for contract schemes.

The Financial Ombudsman Service (FOS) received more complaints about Phoenix Life than any other life and pensions provider in the six months to 30 June 2013.

Legal and General Trustees has (LGT) changed the rules of its master trust to accept members from closing occupational schemes to boost the scale of the vehicle.

Legal & General (L&G) interim results show growth across its bulk annuities, workplace savings and investment management businesses.

Legal and General (L&G) has appointed Michael Walker to its bulk purchase annuities and longevity business as commercial underwriting manager.

Legal & General's (L&G) WorkSave master trust has become the first insurer scheme to receive the Pension Quality Mark (PQM) Ready accreditation.

Legal and General has appointed Kunal Sood as a sales director to support the growth of its bulk purchase annuity and longevity insurance de-risking business.

The Kenwood Pension Scheme has secured a buy-in with Legal & General using a deferred premium to spread payment over several years.

The Prince of Wales has called on pension funds to use their power as institutional investors to bring environmental, social and governance (ESG) issues into mainstream investment.