Legal & General Share News (LGEN)

Legal & General Launches GBP15 Billion UK Regeneration Project Vehicle

UPDATE 2-BoE says UK insurer capital won't rise under EU rules

* Overall capital level may fall on new EU rules * BoE defends tone of regulation as appropriate * UK to publish review of re-insurance tax in March (Adds finance ministry official) By Huw Jones LONDON, Jan 22 (Reuters) - European Union rules to keep insurance companies

UK BROKER RATINGS: Morgan Stanley Adds Tesco To 'Best Ideas'

UK MORNING BRIEFING: Shares Open Higher As Market Looks Ahead To ECB

UK BROKER RATINGS: Goldman Adds BHP Billiton To Conviction Buy List

Foreign investors in red-hot London property market force locals out

* U.S. funds step up presence in London; sovereign wealth active * UK insurers, pension funds seek opportunities in regions * Manchester, Leeds, Glasgow amongst favoured destinations * Many UK groups go directly through private deals, avoid auction By Esha Vaish and Simon

L&G, Dutch fund PGGM buy property fund unit trust for $562 mln

LONDON, Jan 6 (Reuters) - A Legal & General's unit and Dutch pension fund manager PGGM have bought the Bishopsgate Long-term Property Fund Unit Trust for around 370 million pounds ($562 million), L&G Property said on Tuesday. The acquisition gives a net initial yield of 6 percent, L&G said

MOVES- U.S. Bancorp, Legal & General, Principal Financial

Dec 23 (Reuters) - The following financial services industry appointments were announced on Tuesday. To inform us of other job changes, email moves@thomsonreuters.com. U.S. BANK WEALTH MANAGEMENT The wealth management division of U.S. Bancorp said it hired Ena Licina as vice president

MOVES-Legal & General strategy director Wadham Downing to leave co

Dec 23 (Reuters) - Legal & General Group Plc, an insurance and investment management company, said group M&A and strategy director Wadham Downing would leave at the end of June. He will step down from his posts, effective Dec. 31, the company said in a statement. Downing, who joined the com

Outgoing UK watchdog exec apologises for insurance briefing debacle

LONDON, Dec 16 (Reuters) - An outgoing executive at Britain's financial watchdog apologised on Tuesday for his role in the botched announcement of a review into life insurance policies that sent shares in insurers tumbling in March. An independent inquiry said last week the Financial Conduc

Monday broker round-up

Ashtead Group: Berenberg raises target price from 1170p to 1345p and keeps its 'buy' recommendation. Aviva: Citi increases target price from 590p to 620p and maintains a 'buy' recommendation. Bellway: Deutsche Bank ups target price from 1760p to 1778p and reiterates its 'hold' recommendation. Berk

UPDATE 2-UK watchdog tightens sales rules for annuity pensions

* FCA to make it easier for customers to shop around * More investigation into "enhanced" annuity sales * Pensions expert Ros Altmann says plans not enough (Recasts, adds quote, background, bullet point) By Huw Jones and Simon Jessop LONDON, Dec 11 (Reuters) - Insurance

UK watchdog tightens sales rules for annuity pensions

LONDON, Dec 11 (Reuters) - Insurance companies will have to follow stricter rules on how they sell annuity pensions to ensure people are getting the best deal for their retirement income, Britain's Financial Conduct Authority said on Thursday. The FCA was publishing findings from its study

UPDATE 1-UK watchdog "seriously inadequate" in insurance review -inquiry

(Adds FCA comment, context) By Huw Jones LONDON, Dec 10 (Reuters) - Britain's markets regulator was wrong to brief a reporter about an insurance sector review and "seriously inadequate" in how it reacted to the ensuing sell-off in insurance shares, an independent inquiry said on Wedne

UK watchdog "seriously inadequate" over insurance review - report

By Huw Jones LONDON, Dec 10 (Reuters) - Britain's markets regulator was wrong to brief a reporter about an insurance sector review and "seriously inadequate" in how it reacted to an ensuing sell-off in insurance shares, an independent inquiry said on Wednesday. Shares in Aviva, Legal