The rise of government bond yields has increased the risk of market turbulence, Legal & General Investment Management warns.
April saw a 3% increase in the number of people wanting to save money rather than spend it, according to the latest ‘ MoneyMood ' survey from Legal & General.
Legal & General Investment Management (LGIM) has boosted its European Active Equity team with two appointments.
Recent announcements about Standard Life's launch of an open-architecture contract and Legal and General's launch of a new international life company, based in Ireland by end of the year, herald major changes to the current offshore landscape.
The rejection rate for overall critical illness claims in 2006 was 19% lower than the previous year, according to statistics from Legal & General.
The 'mood to save' in February rose for the third year in a row, according to a survey from Legal & General.
The government's data protection watchdog yesterday criticised 11 of Britain's banks and building societies for failing to protect personal customer information from fraudsters, reports the Guardian .
Legal & General is relaunching its critical illness product by extending cover to three additional illnesses and incorporating the Association of British Insurers' best practice definitions.
The Association of British Insurers is setting up a new claims committee which aims to tackle the problem of declined claims in the protection industry and boost consumer confidence.
Legal & General is withdrawing from the medical insurance market at the end of the month because of poor sales and a desire to concentrate on its core housing and protection insurance business.