WE ARE A LEADING PROVIDER OF RISK, SAVINGS AND INVESTMENT MANAGEMENT PRODUCTS IN THE UK, WITH MORE THAN SEVEN MILLION CUSTOMERS AND OVER 9,000 EMPLOYEES WORLDWIDE. THE GROUP’S PRIMARY FOCUS TODAY IS ON THE UK, BUT WE CONTINUE TO EXPAND INTERNATIONALLY IN ATTRACTIVE NEW MARKETS.
Risk
Safeguards customers against financial risks
Our Risk businesses assume customers’ financial risks from defined events such as death, injury or household damage, whilst our annuities business protects individuals from the risk of outliving their savings in retirement.
Products
- Individual protection
- Group protection
- Housing network
- Corporate annuities
- Individual annuities
- General insurance
£366m
Protection and annuities APE
(2008: £488m)
4.6m
Total number of customers protected by risk businesses
(2008: 4.4m) Excluding Bulk Purchase Annuity (BPA) customers
For more information see Risk businesses
Savings
FINANCIAL PLANNING, SAVINGS AND INVESTMENTS
Our Savings business is an investment management led manufacturer and assembler of modern, flexible products, allowing individuals to save to meet the costs of specific future events or to give a planned income in retirement.
Products
- Unit trusts
- Individual savings accounts (ISAs)
- Investment bonds
- Pensions
- With-profits
£907m
Savings APE
(2008: £879m)
£54.8bn
Total savings assets under administration
(2008: £45.8bn)
For more information see Savings
Investment Management
INVESTING ON BEHALF OF INSTITUTIONAL AND RETAIL CUSTOMERS
LGIM is the largest manager of UK sourced pension assets and one of the largest investors in the UK stock market; with responsibility for approximately 4.5% of all London-listed equities on behalf of its customers.
Products
- Index funds
- Fixed income
- Actively-managed equity funds
- Private equity
- Property
- Risk management solutions
£33.3bn
Gross new institutional funds received
(2008: £33.1bn)
£315bn
Total funds under management (FUM)
(2008: £264bn)
For more information see Investment management
International
OUR OVERSEAS PRESENCE
Our international businesses combine our mature existing international businesses in the United States, France and the Netherlands, with selective participation in the fast-growing middle class wealth of emerging markets.
Products
- Individual protection
- Group protection
- Savings – wholesale, retail and individual
- Investment management
£115m
International APE
(2008: £119m APE)
£127m
IFRS operating profit
(2008: £59m)
For more information see International