Legal & General Group Plc (LGEN.L)

293.80 -2.40 (-0.81%) At close: 4:49PM BST

Legal & General Group Plc

One Coleman Street
London EC2R 5AA
United Kingdom
44 20 3124 2000
http://www.legalandgeneralgroup.com

Sector(s): Financial Services
Industry: Insurance—Life
Full-time employees: 10,099

Key executives

Name	Title	Pay	Exercised	Year born
Dr. Nigel David Wilson	Group CEO & Exec. Director	1.49M	1.22M	1956
Mr. Stuart Jeffrey Davies	Group CFO & Exec. Director	897k	318.32k	1971
Mr. Kerrigan William Procter	Pres of Asia	823k	612.89k	1969
Ms. Michelle Sylvia Scrimgeour	Chief Exec. Officer of Legal & Gen. Investment Management	951k	N/A	1963
Mr. Edward Luke Houghton	Head Investor Relations	N/A	N/A	N/A
Mr. Geoffrey J. Timms	Group Gen. Counsel & Company Sec.	N/A	N/A	N/A
Mr. Richard King	Head of Group Corp. Communications	N/A	N/A	N/A
Ms. Emma Hardaker-Jones	Group HR Director	N/A	N/A	N/A
Ms. Sharon Niebergall	Head of Bus. Management, Distribution	N/A	N/A	N/A
Ms. Katrina Helen Jean McMillan	Head of Transition Project Management - LGIM	N/A	N/A	N/A

Amounts are as of 31 December 2020, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in GBp.

Description

Legal & General Group Plc provides various insurance products and services in the United Kingdom, the United States, and internationally. It operates in four segments: Legal & General Retirement (LGR), Legal & General Investment Management (LGIM), Legal & General Capital (LGC), and Legal & General Insurance (LGI). The LGR segment offers annuity contracts with guaranteed income for a specified time; longevity insurance products for company pension schemes; lifetime mortgages; lifetime care plans; and retirement interest only mortgages. The LGIM segment provides index fund management; active fixed income funds and liquidity funds; active equity management; solution and liability driven investment; multi-asset funds; corporate pension scheme solutions; and real estate funds. The LGC segment offers investment strategy and implementation, and direct investment and structuring services. The LGI segment provides protection products, such as health, disability, critical illness, and accident; individual term assurance; reinsurance; savings and death benefits; and annuities. The company is also involved in the unit trust and institutional fund management, mortgage finance, treasury, building project and modular housing development, general insurance, and open-ended investment businesses, as well as manufacture of sheds. It also engages in the real estate investment, operation, management, and trading, fund general partner, fund trustee, commercial lending, venture capital investing, contractual scheme, management, pension tracing and transfer, investor alternative investment fund, collective asset-management, and investment management activities; and provision of investment advisory, business information consultancy, and technology services. The company was founded in 1836 and is headquartered in London, the United Kingdom.

Corporate governance

Legal & General Group Plc’s ISS governance QualityScore as of 1 April 2021 is 2. The pillar scores are Audit: 4; Board: 3; Shareholder rights: 1; Compensation: 2.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.