Legal & General Group

Who Is Legal & General Group PLC?

Established in 1836, Legal & General Group PLC (L&G) is one of the UK’s oldest and most trusted financial services providers. Headquartered at One Coleman Street in London, the company operates as a public limited company (Company Number: 01417162) and is listed on the FTSE 100.

Who Is Legal & General Group PLC

Over the decades, L&G has evolved from a traditional life assurance business into a global financial powerhouse with operations across the UK, United States, Europe, and Asia.

The organisation specialises in asset management, retirement solutions, life insurance, pensions, and lifetime mortgages, serving both individual and institutional clients.

With over £1.1 trillion in assets under management, Legal & General is one of the largest investment managers in Europe. Its mission is grounded in inclusive capitalism, helping people build financial security at every stage of life.

Legal & General continues to push boundaries through innovation and sustainable investment, all while maintaining a strong social commitment to housing, infrastructure, and clean energy projects.

Who Are the Key Leaders Behind Legal & General Group PLC?

The strength of Legal & General lies in its experienced leadership team and governance structure. The Board of Directors consists of both executive and non-executive members, responsible for the strategic direction and oversight of the company.

Key Officers and Directors

Name Role Appointment Date Nationality Residence Occupation
Geoffrey Timms Secretary 31 July 2008 Other Company Secretary
Henrietta Baldock Director 4 October 2018 British England Director
Clare Bousfield Non-Executive Director 1 December 2024 British United Kingdom Director
Philip Broadley Director 8 July 2016 British United Kingdom Director
Stuart Davies Executive Director 9 March 2017 British United Kingdom Director
António Simões CEO (appointed 2024) British United Kingdom Director
Carolyn Johnson Non-Executive Director 17 June 2022 American United States Director
Nilufer Kheraj Non-Executive Director 1 May 2021 British United Kingdom Director
Sir John Kingman Chairman 24 October 2016 British United Kingdom Director
Ric Lewis Non-Executive Director 18 June 2020 British/American United Kingdom Director
Laura Wade-Gery Non-Executive Director 3 January 2022 British United Kingdom Director

This robust leadership team ensures the company remains adaptive and forward-thinking in a complex global financial environment.

What Are the Capital Strengths and Financial Milestones of Legal & General?

Legal & General’s capital position remains one of the strongest in the industry. The company adheres to a rigorous financial governance model and has maintained its standing as a dependable institution for over 180 years.

Financial Overview

Attribute Value
Revenue £10.574 billion
Operating Income £542 million
Net Income £195 million
Total Assets £544 billion
Shareholders’ Equity £3.51 billion
Assets Under Management (AUM) £1.135 trillion
Solvency II Ratio 232% (2024)

Recent Financial Developments

  • Launched a £500 million share buyback in 2025.
  • Targeting over £5 billion in capital returns to shareholders over the next three years.
  • Divested its US life insurance operations to refocus on core business areas and streamline group operations.

Legal & General’s high solvency ratio and AA- ratings (by Fitch, S&P, and A.M. Best) underscore the firm’s robust financial foundation and its capacity to withstand macroeconomic shocks.

What Services and Features Does Legal & General Offer?

Legal & General operates through four primary business divisions, each catering to distinct customer segments:

Institutional Retirement

  • Legal & General is a major provider of bulk annuity transactions (PRT) in the UK and internationally.
  • In 2024, it underwrote over £10.7 billion in new pension risk transfer deals.
  • Offers customised retirement income solutions for large corporate pension schemes.

Asset Management (LGIM)

  • One of Europe’s largest asset managers with £1.118 trillion in AUM.
  • International AUM accounts for 44%, showing strong global reach.
  • Recent strategic push into private markets, including infrastructure and real estate.

Retail Division

  • Provides pension products, savings accounts, annuities, life and health insurance, and critical illness cover.
  • In 2024, saw a 12% rise in retail operating profit to £504 million.
  • Offers accessible, digital-first investment products including Stocks & Shares ISAs and personal pensions.

Insurance & Lifetime Mortgages

  • A market leader in equity release (lifetime mortgages) and retirement interest-only products.
  • Enables homeowners to access the value tied up in their properties while continuing to live in them.

These services are enhanced by a seamless digital experience, 24/7 policy access, and tools like retirement planners, insurance calculators, and wealth health checks.

How Can You Contact Legal & General Group PLC?

If you need to contact Legal & General Group PLC, there are several ways to reach their support team. Whether you’re an individual investor or a business client, they offer tailored assistance.

Below are the key contact details for general enquiries and customer support.

Contact Type Details
Phone (UK) 0345 678 0020 (Mon–Fri, 9am–5pm)
Email (Investments) investments@landg.com
Phone (Overseas) +44 (0) 2920 273 048
Registered Office Legal & General Group PLC, One Coleman Street, London, EC2R 5AA, United Kingdom

For personalised support or to manage your account and policies, visit their official website at www.legalandgeneral.com. Legal & General remains committed to providing reliable service across all customer touchpoints.

Why Choose Legal & General?

Legal & General combines nearly two centuries of financial expertise with a dynamic, forward-looking approach.

Its commitment to inclusive capitalism, investing in housing, clean energy, infrastructure, and retirement security, has set it apart as both a financial services provider and a corporate citizen.

Key Differentiators:

  • £1.1 trillion in assets under management.
  • Among the UK’s top annuity and lifetime mortgage providers.
  • FTSE 100 constituent with consistent dividend growth.
  • Transparent capital return strategy with shareholder-friendly initiatives.
  • Industry-leading solvency and credit ratings.

Whether you’re an individual planning retirement, a business managing pensions, or an investor seeking sustainable growth, Legal & General offers the trust, scale, and innovation to support your goals.

Arthur
Arthur

Startup mentor & Blogger | Sharing leadership tips for UK business owners

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