Established in 1836, Legal & General is a leading provider of insurance, savings and investment management products in the UK. The Group has a market capitalisation of £10bn1 and is responsible for investing £441bn worldwide (as at 31 March 2013) on behalf of investors, policyholders and shareholders. We have over seven million customers in the UK for life assurance, pensions, investments and general insurance plans and almost one million customers in the US who rely on us for life assurance. Legal & General provides annuities to over 700,000 current pensioners and over 150,000 deferred pensioners, has been an active participant in the bulk annuity market for 25 years and won Risk Reduction Provider of the year at the UK Pensions Awards 2013.
For more information on Legal & General, please see http://www.legalandgeneralgroup.com.
For enquiries, please contact:
|+44 (0)20 3124 2980
+44 (0)1737 375128
|Investor Relations||Kate Vennell
|+44 (0)20 3124 2150
+44 (0)20 3124 2047
|Media Relations||John Godfrey
|+44 (0)20 3124 2090
+44 (0)20 3124 2095
Proposed transfer of Lucida Limited to Legal & General Assurance Society Limited
Lucida is planning to transfer the entirety of its long-term business to Legal & General Assurance Society Limited ("LGAS") on 30 June 2014.
For more information on the transfer, please see http://legalandgeneral.com/lucidatransfer
1 As at 25 June 2013