Legal & General

"Our 2024 half year results reflect the ongoing strength of our business… Looking ahead, we are well positioned to continue to execute our strategy with pace and ambition, delivering growth and value for all our stakeholders." António Simões, Group CEO, Legal & General. Read more on our Group website: https://lnkd.in/dew8eWZE

This morning we published our results for the first half of 2024, reporting core operating profit slightly ahead of last year, a solvency coverage ratio of 223% and good momentum on our strategy. We caught up with our Group CEO, António Simões, to get his perspective on our performance and progress.  Read more on our Group website: https://lnkd.in/dew8eWZE

We're delighted to announce we have secured an additional £150m in commitments for our UK Affordable Housing Fund, bringing total commitments to the strategy to £280 million. This investment highlights the power of pensions in driving positive societal change through tangible assets. Together with Greater Manchester Pension Fund, we're making a difference by providing affordable homes that align with our net-zero carbon goals. 

“My summer internship at Legal & General has been incredibly rewarding. I’ve gained hands-on experience with financial processes, developed a keen eye for detail, and honed my time management skills. This has given me a solid foundation for my final year at university and beyond. I came across this internship programme through Bright Network, an organisation dedicated to connecting students with internship, graduate and career opportunities. It immediately caught my attention due to Legal & General’s strong reputation and commitment to social responsibility. As part of this internship, I joined the Annuities Reconciliation Team based in Cardiff. This team is part of Group Finance and plays a critical role in maintaining the integrity of financial data. Since the beginning, the people around me have been extremely approachable and helpful, and I was introduced to many different teams, which broadened my horizons of the opportunities at L&G.  One of the highlights of this internship was to meet the Head of Financial Planning and Analysis, a career that covers many of the things I’m passionate about. She gave great advice on career progression and how to make the most of the opportunities presented to me. This conversation fuelled my motivation to pursue a career in this field. It was also great to learn about how L&G support the development of those starting out in their careers. Graduates here are given the chance to join a “rotation” process, where they can move across different teams and locations over the years to gain experience in multiple roles and expand their networks. In summary, this internship has had a profound impact on my future plans by inspiring me to pursue a career in finance. My advice to anyone considering a summer internship at Legal & General is straightforward: Go for it.” – Sameer, Annuities Reconciliation summer intern. #Internship

We are pleased to announce our £1.1 billion buy-in with the SCA UK Pension Plan, securing the benefits of 5,900 retirees and 3,600 deferred members. https://ow.ly/lFRt50SOTsX

Minister for Science, Patrick Vallance was able meet some of the trailblazing businesses growing in UK and see first-hand how our Bruntwood SciTech partnership is helping to foster innovation and productivity whilst supporting global scientific advancement.    Bruntwood SciTech is one of our many strategic partnerships, structured to support long-term investment in specialist innovation infrastructure, particularly for science and technology communities. With multiple innovation ecosystems across their portfolio, the partnership is providing homes to some of the country’s most disruptive and fast-growing science, tech, and innovation businesses. Yourgene Health QIAGEN UK Biobank

Meet Bindu Bakrania, Head of Data & Analytics, Private Markets (Capital Investments). Discover her inspiring journey of growth at Legal & General, and how her passion for data and dedication to overcoming challenges have led her to a successful career. Read Bindu’s full story and explore our current data and tech job openings: https://lnkd.in/e6UhwhMr Women in Data®

We are growing innovation ecosystems through joint ventures with specialist operators, research institutions and public partners. Our UK partnerships include Bruntwood SciTech, University of Oxford Development and Newcastle Helix, and in the U.S. we formed Ancora L&G. Recent research from CBRE highlights the increasing growth of the U.S. life sciences real estate sector, revealing that favourable trends are expected to drive further growth and new interest in this real estate sector, illustrating the resilience of the sector based on its structural growth drivers and its attractiveness as a top alternatives asset class. We believe that bringing together Life Sciences alongside adjacent sectors including technology and R&D, to form innovation ecosystems, acts as a catalyst for growth due to the nature of the occupiers in these spaces and the alignment to key megatrends re-shaping the global economy and the investment landscape. This approach has been central to our asset origination strategy, creating productive investments that help support growing the economy. Find out more about creating innovation ecosystems and our U.S. partnership, Ancora L&G here: https://www.ancora.re/ For professional clients only. Capital at risk.

“I never thought that, after completing a degree in fashion design, I would end up finding a job I love in financial services. Yet, here I am, building a fulfilling career at Legal & General, a company that saw my potential and provided the supportive environment I needed to flourish.” – Gemma, Operational Readiness Consultant. Learn more about Gemma's remarkable career journey and have a look at the current job vacancies in our Customer Service team: https://lnkd.in/eEGhWREi

We are delighted to announce the launch of our new Affordable Housing Fund, with cornerstone commitment of £125m from Local Government Pension Scheme, ACCESS.     With 1.2 million households awaiting local authority housing in England, this fund will focus on delivering well-designed, purpose-built affordable properties in high-demand areas.     In addressing the demand for affordable housing nationwide, it's crucial for the public and private sectors to join forces and drive positive change together.  Find out more: https://lnkd.in/efNCCEH2