Legal & General was founded in June 1836 by Sergeant John Adams and five other lawyers in a café in Chancery Lane. [6] Originally called the New Law Life Assurance Society, the Society was limited to lawyers. The name was changed to Legal & General Life Assurance Society to reflect the fact that the policies were available to the general public, but ownership of the shares was limited to lawyers. The group expanded into the UK and soon began acquiring foreign life insurance companies by buying a retirement business from the Metropolitan Life Assurance Company of New York in the 1930s. [6] Legal & General Group plc, commonly known as Legal & General, is a British multinational financial services and asset management company headquartered in London, England. Products and services include investment management, life mortgages (a form of share release), annuities, annuities and life insurance. From January 2020, following the sale of Legal & General Insurance to Allianz, Allianz will no longer offer non-life insurance. [3] The firm operates in the UK and US, with investment management firms in the Gulf, Europe and Asia. [1] Following the trend in the UK, Legal & General bought Whitegates Estate Agency from Provident Financial Group plc for £19 million in December 1989. [9] In 2014, the firm established Legal & General Reinsurance, a Bermuda-based reinsurance company. Legal & General Re completed its first external transaction on the Dutch market in December 2015 in cooperation with ASR. [27] In May 2016, Legal & General Assurance in the UK bought Aegon`s UK bond portfolio for £3 billion.

[28] If you are already registered for My Account, please click on the link to access the login page. Sign up with your personal email address – the account will stay with you even if you change jobs later, and you can still access your pension on Coll8 In the 1940s, Legal & General`s headquarters were moved from Temple Bar House in the City of London to a converted former girls` school in leafy Kingswood. Surrey, with the exception of a few senior executives who remained in London. The girls` school (St. Coll8) can also gather other types of useful content in the same app, such as financial wellness tools and other employer content. On some smaller devices, you may still need to scroll left/right to see all the content on the page. Other executives include Jeff Davies (Group Chief Financial Officer), Michelle Scrimgeour (CEO of Legal & General Investment Management, the firm`s investment management arm) and Kerrigan Procter (CEO of the Group`s investment business). Together with Nigel Wilson, they form the board of directors of Legal & General. [41] In the 1970s and early 1980s, Ron Peet (1925-2020), a socially responsible actuary, was CEO of Legal & General, having led the Australian business.

[36] Peet helped campaign for thalidomide`s children, Legal & General then owned a large block of shares (3.5 million) in the Scottish beverage and pharmaceutical company Distillers. [37] [38] Access your pension and other workplace content from the palm of your hand JavaScript Your browser is not enabled and therefore may not display all the features of this and other websites. To access Track My Apps, first make sure you are registered on our advisor website. Track My Apps is a unique and simple online tool that allows you to track the progress of your new business applications from start to finish with just a few clicks. In 2014, there was a “shocking” announcement that Legal & General was leaving Legal & General as one of the approximately 300 member firms of the Association of British Insurers (ABI), ABI “having decided to transfer its investment activities to the Investment Management Association”. [24] In the same year, the group sold its Xperience estate agency business, which included 89 offices and 75 franchisees and operated under the names CJ Hole, Ellis and Co, Parkers and Whitegates,[25] to Martin & Co. for £6 million. [26] Our online system that tracks the progress of your applications It is important that you enter the same personal data that is used in your application. If your application is joint, please ensure that you follow this process separately. In 2019, following earlier speculation,[29][30] the company agreed to sell its General Insurance Legal & General Insurance division to Allianz Insurance, while acquiring the remaining 51% stake in Liverpool Victoria General Insurance (LV=), of which it already held 49%.

[3] The acquisition became effective on January 1, 2020, when the holding company was renamed Legal & General Insurance to Fairmead Insurance. [31] The existing policies will be merged into the insurance subsidiary Allianz LV= as part of an expanded business. Legal & General`s Birmingham office became an LV= location. [32] Legal & General is listed on the London Stock Exchange and is part of the FTSE 100 Index. Legal & General Investment Management (LGIM), the asset management arm of L&G, is AUM`s 10th largest investment management firm in the world. [4] It is also the second largest institutional asset management company in Europe (after BlackRock). [5] If you have a new unique agency number, you will be automatically registered to use our systems and will receive an email from our auto-registration mailbox with your user details. Just send us an email with your name, FRN number, and contact details.