Legal & General

Legal & General is a listed UK financial services group operating across life insurance, retirement solutions, pensions, asset management and related long-term savings products. Its core customer base spans individual consumers, workplace pension members, advisers, pension schemes and institutional investors. The company monetises primarily through insurance premiums, retirement product economics and asset management fees, while its digital tools support onboarding, self-service, planning and retention rather than acting as standalone revenue products. The group is executing a portfolio simplification strategy that sharpens focus on synergistic businesses, including UK retail, institutional retirement, private markets and US pension risk transfer. Recent strategic actions include the sale of the US protection business to Meiji Yasuda, continued capital returns to shareholders, and expansion of private markets capabilities through the acquisition of a majority stake in Proprium Capital Partners.