Legal & General has reported an 87% drop in new bulk annuities business in the first quarter of this year.
In its Q1 results, released today, the group revealed it had completed 21 deals with a combined value of £23m - a fall of 87% on Q1 last year - but indicated that business had picked up since the e...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- 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
