L&G sees 2012 sales boost; AUM grows through auto-enrolment

Jenna Towler
clock

Insurance giant Legal & General has reported increased operating profit of £1,087m following double digit sales growth.

The firm's preliminary results for 2012 showed profit after tax was up to £810m, it stood at £721m in 2011. It said full year dividends were up 20% to 7.65p a share. Auto-enrolment played a sign...

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

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Contribution

Urging pension funds to act patriotically has become politically plausible

Urging pension funds to act patriotically has become politically plausible

Backstop plans to mandate private asset investment has global precedent

Gregg McClymont
clock 13 May 2025 • 5 min read
How pension providers are tackling the private markets challenge

How pension providers are tackling the private markets challenge

There is investment in a wide range of private market assets through a variety of structures

Jonathan Stapleton
clock 12 May 2025 • 17 min read
Decumulation solutions need tailored approach amid varying pensioner spending habits, report says

Decumulation solutions need tailored approach amid varying pensioner spending habits, report says

Research finds retirees who own their homes tend to ‘frontload’ their retirement spending

Martin Richmond
clock 08 May 2025 • 6 min read
Trustpilot