Cyber attack: L&G suspends ties with MorganAsh over medical data incident

Investigation launched

Hannah Godfrey
clock • 2 min read

Life company Legal & General has suspended its relationship with third party MorganAsh after a cyber incident at the firm risked exposing client’s medical data, Professional Adviser can reveal.

L&G uses financial services support company MorganAsh to collect information to support the quote application process for medically underwritten lifetime annuities and its Lifetime Care Plan product. Upon hearing of the security breach at MorganAsh, L&G launched an investigation involving both internal and external IT experts. Though it found no evidence that its customer data was compromised, L&G suspended the use of MorganAsh's services for new business quotes as a precaution until its investigation is concluded. L&G retail retirement income managing director Emma Byron said: "We...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

PA Asks: Are you worried about losing clients to targeted support?

PA Asks: Are you worried about losing clients to targeted support?

FCA outlined targeted support plans on Monday

Professional Adviser
clock 02 July 2025 • 1 min read
Aveni forms AI advisory board with wealth management leaders

Aveni forms AI advisory board with wealth management leaders

Senior execs from Aviva’s Succession Wealth, Schroders Personal Wealth, 7IM and Rathbones join forum

Sahar Nazir
clock 01 July 2025 • 2 min read
Majority of UK wealth management sector eyes acquisitions this year

Majority of UK wealth management sector eyes acquisitions this year

Continued appetite and momentum in M&A space

Isabel Baxter
clock 30 June 2025 • 3 min read