Legal & General Share News (LGEN)

UK earnings, trading statements calendar - next 7 days

Britain to unlock 'billions of pounds' by easing insurance capital rules

LONDON, Feb 21 (Reuters) - Britain will unlock "tens of billions of pounds" of insurance sector capital that should boost the economy through infrastructure investment, financial services minister John Glen said on Monday.

Deutsche Bank 'supportive' on Legal and General shares ahead of results

(Sharecast News) - Analysts at Deutsche Bank said their view on shares of Legal&General ahead of its next set of financial results was "supportive".

Legal & General agrees $500 mln buy-in with Heathrow's BAA pension scheme

LONDON, Feb 10 (Reuters) - British insurer Legal & General has agreed a pensions buy-in deal totalling around 370 million pounds ($501 million) with London Heathrow's BAA Pension Scheme, L&G said on Thursday.The buy-in, a form of bulk annuity deal...

UPDATE 1-UK university pension scheme to add climate focus to 5 bln stg of AUM

(Adds quote, details, background)LONDON, Jan 24 (Reuters) - Britain's Universities Superannuation Scheme (USS) will add a climate focus to 5 billion pounds ($6.77 billion) of its assets under management to meet climate targets, it said on Monday.T...

Mitchells & Butlers agrees $860 mln pension insurance deal with L&G

LONDON, Dec 21 (Reuters) - British pub operator Mitchells & Butlers has agreed a 650 million pounds ($860 million) pension insurance deal with Legal & General, L&G said on Tuesday.The deal insures all members in the Mitchells & Butlers Executive ...

UPDATE 2-London's FTSE 100 down as miners weigh; Wickes group soars

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window)* Wickes Group rises on updated FY profit outlook* Miners slip, but posts weekly rise* FTSE 100 down 0.1%, FTSE 250 off 0.3% (Updates to clo...

UPDATE 2-Clara-Pensions opens for UK superfund deals after watchdog clearance

(Recasts, adds minister, adviser)By Carolyn CohnLONDON, Nov 30 (Reuters) - Pensions consolidator Clara-Pensions is open to deals to manage UK company final salary benefit schemes after becoming the first British firm to win regulatory clearance to...

UPDATE 1-Clara-Pensions becomes first pensions superfund to pass UK regulator's tests

(Adds quotes, background)LONDON, Nov 30 (Reuters) - Clara-Pensions has become the first pensions superfund to pass the British pensions watchdog's assessment process, enabling it to manage company defined benefit, or final salary, pension schemes,...

UPDATE 2-UK's Landsec increases bet on mixed-use properties with MediaCity deal

* Buys majority stake in media-tech hub MediaCity* 75% stake purchase in MediaCity for $580 mln* Says co's office portfolio utilisation now at 45% (Adds CEO comment, background)By Aby Jose KoilparambilNov 3 (Reuters) - Britain's Land Securities has ...

Jefferies upgrades Legal & General to buy, says consensus overestimates risks

(Sharecast News) - Analysts at Jefferies upgraded their recommendation for shares of Legal&General from ´hold´to ´buy, telling clients that it was the European insurer offering the most synergies thanks to its competitive advantage in annuities and asset management.

UK net zero targets at risk from inequality, says L&G

By Muvija MOct 20 (Reuters) - Britain's plans to hit net-zero emissions risk being derailed by income inequality, with only higher income households able to afford new green technologies unless costs are shared, financial services provider Legal &...

New UK accounting body faces first big test with insurers

By Huw JonesLONDON, Oct 14 (Reuters) - Britain's new body overseeing accounting rules following Brexit said it was braced for a "lot of noise" from the 1.7 trillion pound ($2.33 trillion) insurance sector about measures to increase transparency of...

UK companies, investors call for mandatory climate plan disclosures

LONDON, Oct 11 (Reuters) - British companies and investors including BT, Tesco, Aviva and Legal & General Investment Management on Monday urged the British government to make large companies disclose their net-zero climate transition plans.The go...

UPDATE 2-Schroders among asset managers failing to make best practice list

* BlackRock, Fidelity, M&G among 125 firms on revised list* Schroders among 64 firms evicted from the list* Changes come after regulator toughens reporting code (Adds more reaction)By Huw Jones, Simon Jessop and Carolyn CohnLONDON, Sept 6 (Reuters) ...