Legal & General Share News (LGEN)

UK working to get pension funds to finance infrastructure - Sunday Telegraph

LONDON, Oct 8 (Reuters) - Britain's government is working to find ways to get domestic pension funds to invest in new nuclear power, rail and broadband projects ahead of a mid-year budget statement next month, the Sunday Telegraph reported late on Saturday. The newspaper cited a government

UPDATE 2-SVG Capital accepts bid from Goldman and Canadian pension fund

(Adds Breakingviews link, updates share price) Oct 6 (Reuters) - Britain's SVG Capital accepted an offer from Goldman Sachs and the Canada Pension Plan Investment Board on Thursday, saying it gave shareholders a better return than a hostile bid from U.S. private equity rival HarbourVest.Read more

FTSE 100 movers: ITV, Legal&General lead declines

(ShareCast News) - ITV shares were at the bottom of the pile after analysts at Barclays lowered their target price on the stock from 200.0 to 190.0p. Fashion retailers were also weak, tracking the 1.04% drop in the pound against the US dollar after the Prime Minister committed herself at the weekend

Legal & General bullish on third quarter retirement sales

(ShareCast News) - After a strong third quarter, Legal & General said its retirement arm was on track to double new business sales in the full year, with customer demand for bulk annuities and lifetime mortgages seemingly unaffected by the introduction of Solvency II regulation, Brexit uncertainty o

TOP NEWS: Legal & General Says Retirement Sales Set To Double In 2016

Legal & General Signs General Insurance Distribution Deal With Skipton

Sunday newspaper round-up: Fed, China, Glencore, Diageo, National Grid

(ShareCast News) - Traders are betting that the US Federal Reserve will stand pat on interest rates this week, despite warnings that rising inflationary pressures could persuade the US central bank to hike. The Sunday Times reported that investors were assuming the flurry of weaker-than-expected eco

Sunday newspaper round-up: Fed, China, Glencore, Diageo, National Grid

(ShareCast News) - Traders are betting that the US Federal Reserve will stand pat on interest rates this week, despite warnings that rising inflationary pressures could persuade the US central bank to hike. The Sunday Times reported that investors were assuming the flurry of weaker-than-expected eco

Investor warns Britain's top firms not to ignore pay revolts

(Repeats with no change to text) * Legal & General's fund arm writes to FTSE 350 firms * Issues series of guidelines for setting pay for bosses * Comes as new PM sets sights on governance By Simon Jessop and Carolyn Cohn LONDON, Sept 16 (Reuters) - Britain's top comp

Deutsche Bank nears sale of UK insurance unit to Phoenix Group

Sept 15 (Reuters) - Deutsche Bank AG is nearing a deal to sell its British insurance business Abbey Life Assurance Co to Phoenix Group Holdings, a person close to the matter told Reuters. Britain's largest consolidator of closed life funds is planning to raise 800 million pounds ($1.1 billi

ULS Technology Launches New Conveyancing Service For L&G Mortgage Club

Friday broker round-up

(ShareCast News) - Pearson: JP Morgan reiterates neutral with a target price of 940p. Vodafone: UBS maintains buy with a 310p target. Glaxosmithkline: UBS keeps at neutral with a 1650p target. GKN: Canaccord reiterates buy with a 370p target. Legal & General: Macquarie keeps at neutral with a tar

RPT-Wary investors seek solid foundations in UK property post-Brexit

(Repeats story first published on Aug 31 with no changes to text) * Investors buy student flats, hotels over offices, retail * Alternatives preferred for long leases, steady tenants * July returns on alternatives fall less than office, retail * Brexit hits office deal valu

Wary investors seek solid foundations in UK property post-Brexit

* Investors buy student flats, hotels over offices, retail * Alternatives preferred for long leases, steady tenants * July returns on alternatives fall less than office, retail * Brexit hits office deal values, alternatives steady By Esha Vaish Aug 31 (Reuters) - Pro

MOVES-UAE bank Mashreq appoints Pella to head investment unit

DUBAI, Aug 29 (Reuters) - Mashreq has appointed Christophe Pella as head of its asset management unit and chief executive of its Mashreq Capital arm, the Dubai-based bank said in a statement on Monday. Pella most recently served as a global rates portfolio manager in London at Legal & Gener