Examples of synergies are illustrated below.
“Each of our businesses is expected to operate successfully in its own right. But by operating together and benefiting from one another’s skills and resources, each can generate additional value beyond what is possible with just its own resources.”
Tim Breedon Group Chief Executive
We believe that we can add value for our customers, both individual and corporate, by sharing skills and capabilities across the three business divisions. For example the institutional asset management expertise of Legal & General Investment Management (LGIM) is made available to retail customers of our Savings division – enabling them to access a full range of asset allocation and fund management capabilities. And we combine the longevity expertise of our Risk business with those same Investment management skills to price and execute pension buyout transactions.
Our approach to maximising synergies also means having strong central resources which support each of the three business divisions. These include a strong balance sheet and the Legal & General brand.
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