Broker Berenberg is advising investors to take cover in Legal & General after the insurer and pension provider doubled its annuity sales target for 2014 despite turbulence caused by a UK government pension shake-up. Berenberg has a 'buy' recommendation on L&G with a 265p price target. Analysts at Sw
Read moreA slowdown in UK construction expansion and downgrades to Eurozone growth forecasts hit UK stocks on Tuesday morning, with the FTSE 100 having erased early gains by lunchtime. Well-received results from Imperial Tobacco, Associated British Foods and Legal & General weren't enough to prop up the benc
Read moreBroker Berenberg is advising investors to take cover in Legal & General after the insurer and pension provider doubled its annuity sales target for 2014 despite turbulence caused by a UK government pension shake-up. L&G on Tuesday said its retirement arm completed £3.9bn of annuity sales in the nine
Read more(Adds background, CFO comment, analyst comment, share price) By Carolyn Cohn LONDON, Nov 4 (Reuters) - British life insurer and pensions group Legal & General said it generated 12 percent more cash in the first nine months of 2014 than a year ago, as corporate annuity sales helped cus
Read moreThe UK stock market opened tentatively on Tuesday, with declines in the energy sector offsetting some well-received results from blue chips Legal & General, Associated British Foods and Imperial Tobacco. The FTSE 100 was up 0.2% at 6,503 in early deals. However, upside was being limited by falls fr
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