We appointed Mark Gregory as our Chief Financial Officer on 1 July 2013. Mark’s role is to ensure that we continue to provide security for our customers with a strong balance sheet.
Legal & General Assurance Society (LGAS)
"I'm proud of our business and confident that we will always try to do the right thing for our customers."JOHN POLLOCK, CEO
Legal & General Investment Management (LGIM)
"I'm impressed by the way in which everyone at LGIM pulls together, pooling their collective expertise to help our clients."MARK ZINKULA, CEO
Legal & General Retirement (LGR)
"It's been an exciting year for our retirement business." KERRIGAN PROCTER, MD
Legal & General America (LGA)
"We expanded the breadth and depth of distribution, serving more consumers" JIMMY ATKINS, CEO
Legal & General Capital (LGC)
"Our success is in delivering benefits to society: giving financial security to retired customers." PAUL STANWORTH, MD
The explosion in the number of over 60s will change the whole structure of society.
GLOBAL OVER 60S
WELFARE REFORM AND AUSTERITY
The Coalition's welfare reform programme aims to save £18 billion a year.
UK GOVERNMENT PLANNED BENEFIT CUTS
Shelter said: "We need to build at least the 250,000 homes per year in England."
REDUCTION IN HOMES BUILT IN THE UK
GLOBALISATION OF ASSET MARKETS
We're a top 25 global asset manager, having increased international AUM by 302%.
GROWTH IN US PENSION ASSETS
The widespread use of mobile devices to access the internet has changed the nature of internet usage.
GROWTH IN UK MOBILE INTERNET USAGE
Examples of Progress
550,000 employees auto-enrolled in the UK.
£70 billion global AUM in liability driven investments.
21% market share, outperforming our competitors.
One million protection customers in the US.
Part of the group of insurers investing £25 billion into infrastructure over the next five years.
£2.9 billion investments in a range of sectors.
$38 billion assets under management.
We were granted a Chinese regulatory license.
£64 billion customer assets due to the purchase of Cofunds in March 2013.
We’re the fastest growing home insurer in the direct market.
JIMMY ATKINS, CEO LGA
“Our life insurance provides the funds to enable family members to carry on without their loved ones.”
£717m UK life protection claims paid (2012: £694m)
JOHN POLLOCK, CEO LGAS
“Our social purpose means we aim to do the right thing for our customers.”
£304bn Pension fund assets managed by LGIM (2012: £266bn)
PAUL STANWORTH, MANAGING DIRECTOR LGC
“We need an innovative approach to housing, where there’s been a slow decline in homebuilding since the 1970s.”
£5.2bn Infrastructure and direct investments