Tag Archives: L&G

Farewell Sir Nigel – a force for good at L&G (and wider).

Sir Nigel Wilson has announced he plans to step down as Group CEO of L&G Wilson joined Legal & General Group in 2009 as Chief Financial Officer and was appointed Chief Executive in 2012. Shareholder value Since joining , the … Continue reading

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Stewardship of money in workplace pensions – my jaundiced-eye view!

Having read 179 pages of FCA consultation, my head’s a little clearer on how we can make our money matter. Firstly we can invest in things that in themselves improve life on the planet and secondly we can invest through … Continue reading

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Can these insurers become useful to pension savers again?

    Time was when people regarded a pension as an insurance against getting old, right now insurers compete with master trusts and SIPPs for the nation’s retirement saving and the staple features that made them indispensable seem increasingly irrelevant. … Continue reading

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Tegs Harding of the L&G MT in conversation at Pension PlayPen

It’s great that Tegs Harding has agreed to have a conversation with me at the first Pension PlayPen coffee morning of 2023. Tegs has taken the reins at L&G’s two mastertrusts (yes there are two) and I’m really looking forward … Continue reading

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L&G’s Wilson sees many black swans on the river.

  It’s tough at the top and L&G’s Group CEO Nigel Wilson has been at the top longer than most. Yesterday he went to war with the combative House of Lords Industry and Regulators Committee. He had no choice. The … Continue reading

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The inquiry into LDI moves apace as L&G’s summoned to parliament

The chief exec and chair of L&G, one of the UK’s largest pension providers, will this week appear before a UK parliamentary committee probing the use of #LDI strategies by #pension schemes.https://t.co/XLRMqqftNr — Josephine Cumbo (@JosephineCumbo) November 21, 2022 Days … Continue reading

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L&G’s IGC falls short

L&G’s IGC have published an excellently produced and easy to navigate IGC report that tells people exactly what the IGC think of L&G at a glance. Value for money assessment The  problem I have with the document is that it … Continue reading

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Call out the Karma Police – (they’re at it again)

As if the Karma Police weren’t busy enough, we have more work for them! Legal & General, like Hargreaves Lansdown. have found a way to demand money of us to swell their coffers in aid of narrowing the gender pay … Continue reading

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Should the pensioner or the tax-payer level up Britain?

Today’s  front page splash in the FT is news that Government are moving fast to a relaxed position for UK insurers writing capital intensive annuity business. Just published: front page of the Financial Times, UK edition, Friday 11 February https://t.co/7pah7kWWODContinue reading

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Why’s our retirement saving so poorly supported?

Logging onto my L&G website, I was told yesterday that the fund valuation service wasn’t working – the glitch has been fixed today but it’s a hit and miss affair. Would I put up with this from First Direct or … Continue reading

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