L&G has become a member of the ABI, the voice of the UK’s world-leading insurance and long-term savings industry.
Established in 1836, L&G is one of the UK's leading financial services groups and a world leader in solving society’s retirement and investment needs. It is the largest provider of bulk purchase annuities in the UK, provides workplace pensions, retail annuities and protection to over 12 million customers, and manages £1.1trillion in AUM across public and private markets.
Representing over 300 member firms, the ABI works closely with UK governments, regulators, consumer organisations and NGOs to promote the value and importance of the sector to the wider economy and support customer understanding.
L&G and the ABI have worked together on a number of projects of mutual interest in recent years, including the tracking of the industry’s pledge to invest £100bn in productive finance following the reform of Solvency II. With the ABI’s strengthened focus on pension investment and the bulk purchase annuity market, as well as vital ongoing work around workplace pensions and adequacy, it is a timely point for L&G to join as a member with immediate effect.
Laura Mason, CEO, Retail, will represent L&G at the most senior level with the ABI’s governance structure.
Notes to editors
Enquiries to:
Sarah Aspinall Sarah.aspinall@abi.org.uk Mobile: 07725 245297
Helen Mitchell Helen.mitchell@abi.org.uk Mobile: 07834 328512
Sneha Patel Sneha.patel@group.landg.com Mobile: 078622 35809