National Grid UK Pension Scheme has handed Legal and General Investment Management (LGIM) a mandate to manage £13bn of assets after selling its in-house manager to the firm.
Legal & General Investment Management (LGIM) has appointed professor Paul Sweeting to the new role of head of research within its solutions group.
Income drawdown may need to be delivered collectively to account for mass market demand according to Legal & General Investment Management's head of DC solutions Emma Douglas.
The Environment Agency Pension Fund (EAPF) has moved its entire £280m global passive equities portfolio into low carbon passive indices following concerns over its climate risk exposure.
L&G Investment Management (LGIM) has restructured its senior team with a pair of new roles, a retirement and several promotions.
The TRW Pension Scheme has secured a £2.5bn pensioner buyout with Legal & General (L&G) after a year-long liability management project involving pension increase exchange (PIE) and enhanced transfer value (ETV) exercises.
Chris De Marco has been appointed head of institutional client management and strategy by Legal & General Investment Management (LGIM).
Legal & General (L&G) has reported record bulk annuity numbers which it said had "more than offset" a 61% drop in sales of traditional annuity policies since the Budget reforms were announced.
Legal and General Investment Management (LGIM) has launched a fiduciary management service alongside a set of funds aimed at schemes targeting a buyout.
Legal and General Investment Management (LGIM) has launched a multi-asset flexible drawdown product in a bid to help fill the void created by the Budget freedoms.