Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  London Stock Exchange  >  Legal & General Plc    LGEN   GB0005603997

LEGAL & GENERAL PLC

(LGEN)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Legal & General : appoints new Pension Risk Transfer senior team members

01/12/2021 | 08:18am EST

12 Jan 2021

Legal & General Retirement Institutional (LGRI) today announces three changes to its Pension Risk Transfer (PRT) senior team.

John Towner, who has spent two and a half of his past six years at LGRI as Head of Origination and Execution, will now take on additional responsibilities for origination of new business globally as Head of New Business. As well as continuing his overall responsibility for UK new business - encompassing origination, pricing and execution
- John will support, and work with, Sheena McEwen, Head of Distribution in Legal & General's US PRT team, driving further collaboration between the UK and US teams of a global PRT business.

Dominic Moret assumes the position of Head of Origination and Execution, where he will lead the UK PRT transaction team and be responsible for managing external relationships and developing the pipeline of new business opportunities to support LGRI's growth ambitions. Dominic has worked as a Director in LGRI's new
business team for the past seven years and has led on several major PRT transactions.

In addition, Gavin Smith, a Director in our Pricing and Execution team who joined Legal & General in 2015, moves into the role of UK Head of Pricing and Execution. In this role, Gavin will be responsible for ensuring that transactions are priced efficiently and effectively and that LGRI has the systems in place to support the growing
levels of new business.

Both Dominic and Gavin will report to John, with the team supporting LGRI in continuing to deliver for pension trustees, sponsoring companies and members in 2021.

I'm pleased to congratulate my colleagues on their new roles and responsibilities. As we look ahead to an increasingly active year, I believe that these appointments will ensure that Legal & General continue to deliver security for trustees and their scheme members in the UK and internationally.

These appointments are part of our commitment to our global PRT business operations and targets of transacting £40-£50bn in the UK and $10bn in the US over the next five years.

Laura Mason, Chief Executive Officer, Legal & General Retirement Institutional

For further information, please contact:

Disclaimer

Legal & General Group plc published this content on 12 January 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 January 2021 13:17:08 UTC


© Publicnow 2021
All news about LEGAL & GENERAL PLC
02/26LEGAL & GENERAL : Bruntwood SciTech expands into the ‘Golden Triangle' wit..
PU
02/18LEGAL & GENERAL : LGIM adds sustainable bond fund to new fixed income ETF range
PU
02/17LEGAL & GENERAL : comments on latest NICE Long Covid guidelines
PU
02/17LEGAL & GENERAL : Mortgage Club reveals the top mortgage searches in January 202..
PU
02/16LEGAL & GENERAL : Bracknell regeneration picks up pace with the addition of Spor..
PU
02/16LEGAL & GENERAL : Largest law firm in the North East chooses Legal & General's N..
PU
02/16LEGAL & GENERAL : Morgan Stanley Keeps Legal & General at Equalweight, Lifts PT
MT
02/16LEGAL & GENERAL : completes £570 million buy-in with Deutsche Bank pension schem..
PU
02/15LEGAL & GENERAL : to launch Rebuilding Britain Index as early findings point to ..
PU
02/10Bank of England rules out big capital reduction for insurers after Brexit
RE
More news
Financials
Sales 2020 32 991 M 45 963 M 45 963 M
Net income 2020 1 700 M 2 369 M 2 369 M
Net Debt 2020 1 149 M 1 600 M 1 600 M
P/E ratio 2020 8,94x
Yield 2020 6,82%
Capitalization 15 392 M 21 435 M 21 445 M
EV / Sales 2020 0,50x
EV / Sales 2021 0,40x
Nbr of Employees 8 542
Free-Float 97,4%
Chart LEGAL & GENERAL PLC
Duration : Period :
Legal & General Plc Technical Analysis Chart | LGEN | GB0005603997 | MarketScreener
Technical analysis trends LEGAL & GENERAL PLC
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 18
Average target price 284,28 GBX
Last Close Price 259,30 GBX
Spread / Highest target 46,5%
Spread / Average Target 9,63%
Spread / Lowest Target -36,4%
EPS Revisions
Managers and Directors
NameTitle
Nigel David Wilson Group Chief Executive Officer & Executive Director
Jeff Davies Group Chief Financial Officer & Executive Director
John Kingman Chairman
Julia Susan Wilson Senior Independent Non-Executive Director
Lesley Mary Samuel Knox Independent Non-Executive Director
Sector and Competitors
1st jan.Capitalization (M$)
LEGAL & GENERAL PLC-2.59%21 435
THE BLACKSTONE GROUP INC.6.82%45 954
AMUNDI-5.69%15 390
FRANKLIN RESOURCES, INC.7.24%13 226
THE CARLYLE GROUP INC.8.94%12 131
INVESCO LTD.28.63%10 292