L&G sees flat profits but LDI and master trust use grow

James Phillips
clock • 2 min read

Legal & General saw flat movements in operating profit over the course of 2020, and a fall in profit after tax, although its retirement and investment management businesses grew.

The financial services provider's results for 2020, published today (10 March), recorded the biggest rise in its retirement business, comprising both institutional bulk annuities and retail sales, ...

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

James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

More on Industry

Barnett Waddingham opens tenth UK office in Manchester

Barnett Waddingham opens tenth UK office in Manchester

Consultancy’s tenth UK office will house core team of professionals from across the industry

Martin Richmond
clock 10 February 2025 • 1 min read
News Digest: Teachers' Pensions won't pay me my pension – until I confirm I'm not dead

News Digest: Teachers' Pensions won't pay me my pension – until I confirm I'm not dead

PP brings together all the latest news on pensions from across the national and financial media

Professional Pensions
clock 10 February 2025 • 1 min read
Isio completes K3 advisory acquisition

Isio completes K3 advisory acquisition

Acquisition follows approval from the Financial Conduct Authority

Holly Roach
clock 07 February 2025 • 1 min read
Trustpilot