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Share Price Information for Legal & General (LGEN)

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Share Price: 249.10
Bid: 249.90
Ask: 250.00
Change: -4.40 (-1.74%)
Spread: 0.10 (0.04%)
Open: 253.40
High: 253.50
Low: 249.10
Prev. Close: 253.50
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Legal & General bullish on third quarter retirement sales

Tue, 27th Sep 2016 07:06

(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 or lower interest rates.The FTSE 100 group said after sales of more than £1.4bn in the quarter, sales from the division would be around £5.4bn for the calendar year, up from £2.9bn in 2015.In the UK and US more than £400m of bulk annuity business was written during September alone and £1.2bn total for pension de-risking, following the £3.6m in the first half of the year to 30 June.Also £90m of individual annuities were written in the quarter.Having only been launched last year, lifetime mortgages delivered record sales in the quarter and are on track to top £500m of sales in 2016, having made £231m in the first half.On the investment side, L&G has begun to invest in US infrastructure assets, to support its growing US pensions de-risking business, noting that £6,2bn of its annuity portfolio is invested in infrastructure, much of it in the UK.
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4 Aug 2022 22:30

Liz Truss to set out economic plans to finance sector in bid to lead Britain

LONDON, Aug 4 (Reuters) - Liz Truss, front-runner to be Britain's next prime minister, will set out her economic plans to finance sector officials on Friday, including scrapping legacy EU laws by the end of 2023.

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2 Aug 2022 16:16

UK earnings, trading statements calendar - next 7 days

Wednesday 3 August 
Bank of Ireland Group PLCHalf Year Results
Endeavour Mining PLCHalf Year Results
Ferrexpo PLCHalf Year Results
Hill & Smith Holdings PLCHalf Year Results
Hiscox LtdHalf Year Results
IP Group PLCHalf year Results
Keywords Studios PLCTrading Statement
LSL Property Services PLCHalf Year Results
Taylor Wimpey PLCHalf Year Results
Thursday 4 August 
Coca-Cola Europacific Partners PLCHalf Year Results
ConvaTec Group PLCHalf Year Results
Evraz PLCHalf Year Results
Glencore PLCHalf Year Results
Gym Group PLCHalf Year Results
Hikma Pharmaceuticals PLCHalf Year Results
Meggitt PLCHalf Year Results
Mondi PLCHalf Year Results
Morgan Sindall Group PLCHalf Year Results
Next PLCTrading Statement
Pantheon International PLCFull Year Results
Revolution Beauty Group PLCFull Year Results
Rolls-Royce Holdings PLCHalf Year Results
ScS Group PLCTrading Statement
Secure Trust Bank PLCHalf Year Results
Serco Group PLCHalf Year Results
Spirent Communications PLCHalf Year Results
Tritax Big Box REIT PLCHalf Year Results
Friday 5 August 
FBD Holdings PLCHalf Year Results
Hargreaves Lansdown PLCFull Year Results
London Stock Exchange Group PLCHalf Year Results
Pets at Home Group PLCTrading Statement
Renewables Infrastructure Group LtdHalf Year Results
WPP PLCHalf Year Results
Monday 8 August 
Clarkson PLCHalf Year Results
Diversified Energy Company PLCHalf Year Results
Griffin Mining LtdHalf Year Results
ITM Power PLCFull Year Results
Kosmos Energy LtdQ2 Results
PageGroup PLCHalf Year Results
RM Infrastructure Income PLCHalf Year Results
Tuesday 9 August 
abrdn PLCHalf Year Results
Bellway PLCTrading Statement
Blue Planet Investment Trust PLCFull Year Results
Burford Capital LtdHalf Year Results
Clarkson PLCHalf Year Results
H&T Group PLCHalf Year Results
InterContinental Hotels Group PLCHalf Year Results
IWG PLCHalf Year Results
Just Group PLCHalf Year Results
Legal & General Group PLCHalf Year Results
Quarto Group IncHalf Year Results
RPS Group PLCHalf Year Results
SIG PLCHalf Year Results
TI Fluid Systems PLCHalf Year Results
Zotefoams PLCHalf Year Results
  
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27 Jul 2022 12:20

LONDON MARKET MIDDAY: Markets brace for second 75 basis point Fed hike

(Alliance News) - Stock prices in London were higher at midday on Wednesday as upbeat earnings from Alphabet and Microsoft helped offset concerns raised by Walmart's profit warning on Tuesday.

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27 Jul 2022 09:43

LONDON BROKER RATINGS: Upgrades for Admiral and Legal & General

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning:

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27 Jul 2022 08:55

LONDON MARKET OPEN: Reckitt Benckiser and Rio Tinto bookend FTSE 100

(Alliance News) - Stock prices in London opened higher on Wednesday ahead of an interest rate decision by the US Federal Reserve and amid a busy day on the UK corporate earnings front.

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27 Jul 2022 08:34

LONDON BRIEFING: Lloyds beats expectations and raises 2022 guidance

(Alliance News) - Lloyds Banking on Wednesday raised its annual guidance against a beneficial backdrop of rising UK interest rates.

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20 Jul 2022 09:41

LONDON BROKER RATINGS: Goldman likes Haleon but says sell Schroders

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:

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18 Jul 2022 12:00

UK insurers: who to pick?

UK INSURERS: WHO TO PICK?(1059 GMT)

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13 Jul 2022 10:02

LONDON BROKER RATINGS: Jefferies likes Tyman; UBS cuts Beazley

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:

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13 Jul 2022 09:43

UK pensions insurance deals to rise more than 25% in 2022-adviser

LONDON, July 13 (Reuters) - Britain is likely to see around 35 billion pounds ($41.62 billion) in pensions buy-in and buy-out deals in 2022, up more than 25% from 2021, consultants Hymans Robertson said on Wednesday.

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8 Jul 2022 07:34

Bank of England says insurance reform will be no 'free lunch'

LONDON, July 8 (Reuters) - Reform of insurance capital rules would free up to 90 billion pounds ($108.05 billion) of capital for investment, but it should not be a "free lunch" that puts pensioners and policyholders at risk, Bank of England Deputy Governor Sam Woods said on Friday.

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8 Jul 2022 07:21

Bank of England sticks to insurance reform plan despite opposition

LONDON, July 8 (Reuters) - Reform of insurance capital rules would free up to 90 billion pounds ($108.05 billion) of capital for investment, but it should not be a "free lunch" that puts pensioners and policyholders at risk, Bank of England Deputy Governor Sam Woods said on Friday.

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7 Jul 2022 09:35

TOP NEWS: Legal & General has strong pipeline after good start to 2022

(Alliance News) - Legal & General Group PLC on Thursday said it is performing in line with expectations with "minimal" exposure to inflationary pressures.

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7 Jul 2022 08:04

Legal & General sees double-digit growth in cash, capital generation in H1

(Sharecast News) - Legal & General said on Thursday that it has had a good start to 2022, that its operating performance has been in line with expectations and that it expects to deliver double-digit growth in cash and capital generation for the first half.

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22 Jun 2022 09:47

LONDON BROKER RATINGS: Jefferies ups NatWest, Smurfit Kappa to 'buy'

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:

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