By Carmen Reichman Legal & General will continue building on its life insurance business despite some rivals’ decisions to sell up.
The provider, which runs an insurance as well as investment business said it would not follow the likes of Standard Life Aberdeen, which announced the sale of its insurance arm to focus on asset management in February.
L&G’s latest results showed annuity sales had jumped 78 per cent last year with individual annuity single premiums growing from £378m in 2016 to £671m in 2017.This was partly due to a deal with Aegon, which sees L&G wake up packs presented to […]
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