L&G secures Royal Mail DC Mastertrust mandate
The £2.45bn transfer is the largest UK DC Mastertrust transition to date, bringing nearly 100,000 members and utilizing Lifetime Advantage Funds as the default investment strategy.
See the latest news and media coverage for L&G. We track all announcements, press releases, and industry mentions in real time, all in one place.
UK financial services and investment group
group.legalandgeneral.comLast updated
In short: L&G posted forecast-topping H1 profit growth, sealed major pension buy-ins, and pressed ahead with strategy execution.
The £2.45bn transfer is the largest UK DC Mastertrust transition to date, bringing nearly 100,000 members and utilizing Lifetime Advantage Funds as the default investment strategy.
EPS grew 11% to 12.15p, driven by strong performance across Institutional Retirement, Asset Management, and Retail divisions alongside a £1.2bn share buyback.
The appointment supports growth after surpassing €100bn AUM, alongside other leadership changes and new Luxembourg office.
Core EPS rose 11% to 12.15p and Solvency II coverage stood at 201%. The group highlighted strong growth in asset management fees and retail annuity volumes.
UBS Group AG has transferred the management of £1.7 billion ($2.2 billion) of assets from its UK pension pot to Legal & General Group Plc...
Building a Legal & General dividend income stream looks more credible after the company's full-year 2025 results, which disclosed a £1.2bn share buyback, guided dividend...
Legal & General plans to reduce its headcount by roughly 10%, or about 1,000 jobs, by the midd...
LONDON - Legal & General Group Plc announced today the start of the second tranche of 600 million pounds of its share repurchase program...
Track L&G and your other target companies to get real-time alerts and weekly summaries delivered straight to your inbox.
Browse news for competitors to L&G and other trending companies.