L&G

The Chancellor's pension reforms will see over-55s take out a total of about £5bn from their pension pots after the rules change in April next year, an actuarial firm predicts.

Prudential has topped the Financial Ombudsman Service's (FOS) list of most complained about pension firms after consumer gripes against the firm were up 2% on the previous half year.

Legal & General (L&G), the country's biggest pension fund manager, has confirmed the end of its Association of British Insurers (ABI) membership.

Multi-managers Alan Thein and Tim Gardner have left L&G Investments following a review of the division.

Product providers should have no role in delivering free retirement guidance, following the 'advice for all' proposals in the Budget, Legal & General (L&G) chief executive Nigel Wilson has said.

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Shares in Resolution and peers tumbled today following reports the Financial Conduct Authority (FCA) is to probe 30 million legacy insurance policies.

Legal & General, one of the country's largest annuity providers, has said it expects to see revenues from annuity products fall by three quarters by the end of 2015 following a sweeping reform of the sector.

Legal & General (L&G) has reported a jump in pre-tax profits as it eyes the acquisition trail following its purchase of Cofunds last year.