Legal & General (L&G) registered a 26pc fall in operating profits in 2007, impacted by the longer life expectancy of its UK clients.
The group paid out £269m in "longevity strengthening" last year, which contributed to a downturn in profits from £1.23bn in 2006 to £912m on a European embedded value (EEV) basis. Profits after tax were...
Third completed acquisition of 2018
March sales figures revealed
Three big drivers
No easy answers
Whatever the weather