UK Business Park

Legal & General

One Coleman Street
London
EC2R 5AA



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Legal & General is to acquire the remaining 75% stake in Cofunds Holdings, the financial services investment platform, for £131m. [26-Mar-2013]

Legal & General is to close its insurance office in Swindon, and the 150 staff will be offered relocation to Cardiff and Hove. [20-Jul-2010]

Legal & General is to shed a further 560 jobs at its insurance processing centres across the country, including sites in Hove and Kingswood, Surrey. [13-May-2009]

Legal & General is to shed about 600 of the 6,000 jobs in its life and pensions business this year, affecting offices in Cardiff, Hove, London and Surrey. [26-Mar-2009]

Legal & General is planning to shed up to 450 of the 8,500 jobs at its insurance offices in London, Brighton, Cardiff and Kingswood in Surrey. [26-Feb-2009]

Legal & General Retail Investments is to acquire Suffolk Life, the Ipswich-based pensions provider, for about £62m. [14-Apr-2008]

Legal & General is considering plans to outsource some of its software development operations, which could affect up to 120 jobs in Hove. [27-Nov-2007]

Legal & General is to acquire the life assurance and unit trust management division of Nationwide for about £285m, with the transfer of about 250 Swindon-based staff. [08-Feb-2007]

Legal & General is looking into the possibility of relocating 2,000 staff to a new building in Cardiff, as the lease on its two existing sites have break clauses in 2008 and 2010. [19-Jan-2006]

Legal & General has confirmed that it will stay in Hove until at least 2025, and some of its 1,600 call centre staff will transfer to the new 200,000 sq ft City Park office development next year. [19-Aug-2005]

Legal & General is planning to relocate its London-based head office by 2007, and is considering sites of up to 180,000 sq ft at Basinghall Avenue and Aldermanbury Square. [13-Apr-2004]

Legal & General is to create 50 new jobs in Cardiff in order to sell Sainsbury's-branded life insurance policies. [21-Jan-2004]

Legal & General is to sell Legal & General Bank and Legal & General Mortgage Services to Northern Rock for £131m, as part of a strategy to focus on long-term savings, protection and general insurance. [05-Jul-2002]

Legal & General is planning to spin off its fund management operation into a new wholly-owned subsidiary, as part of a restructuring programme being fund by the issue of a £500m convertible bond. [21-Nov-2001]

Legal & General is to recruit 100 extra staff in Birmingham over the next nine months, partly due to a partnership deal that involves L&G's products being sold by the Woolwich. [23-Aug-2001]

Legal & General is to sell its Fairmont financial services business to Brown Shipley for £35m. [25-Jun-2001]

Legal & General is planning to create a further 300 jobs at its two financial services sites in Cardiff this year. [13-Jun-2001]

Legal & General is planning a £300m shopping centre development in Northampton, including 50 new shops and a department store, and a planning application is expected to be submitted later this year. [17-Jul-2000]

Legal & General is to invest £30m in its internet operations this year, in order to sell term assurance, household insurance and with-profit bonds. [01-Mar-2000]

Legal & General has confirmed plans to spend £10m expanding its insurance call centre in Cardiff, creating 1,000 extra jobs. [14-Nov-1998]

Legal & General is said to be planning to set up a new call centre in Cardiff. [07-Nov-1998]

Legal & General is planning to offer a branded stakeholder pension to football supporters and is in discussions with a number of football clubs. [06-Jul-1998]

Legal & General has sold its Australian life assurance business to Colonial for £339m, and will use the proceeds to invest in its UK business. [28-May-1998]

Legal & General is said to be in discussions with a number of companies about the sale of its Australian life subsidiary, now thought to be worth up to £400m. [14-May-1998]

Legal & General is considering plans to float its Australian life assurance subsidiary, which could be worth about £260m, in order to increase its focus on its core UK market. [31-Mar-1998]

Legal & General is planning to launch a new flexible reserve mortgage scheme, which will enable home buyers to manage their own mortgage accounts. [12-Sep-1997]

Legal & General is setting up a telephone banking service offering an instant access account with rates of up to 7%. [09-Jul-1997]

Legal & General has announced a £400m plan for the redevelopment of Bracknell town centre, creating 4,000 jobs. [23-Apr-1997]

Legal & General is to start selling low-cost, satisfaction-guaranteed pensions over the telephone, with premiums as low as £50 per month. [22-Apr-1997]

Legal & General is preparing plans for a £500m shopping centre development at Bracknell which would create 3,000 jobs. [08-Oct-1996]

Legal & General is setting up a direct telephone sales centre in Cardiff, which will focus on health and term insurance and employ 100 staff. [13-Sep-1996]

Legal & General is to remove all entry charges on its unit trusts as it aims to increase its share of the unit trust market from under 1% to 5%. [04-Jul-1996]

Legal & General is to set up a direct sales centre for its financial services products in Cardiff, creating up to 400 jobs. [29-Mar-1996]

Legal & General plans to expand its banking services, but is not considering retail banking. [15-Mar-1996]

Legal & General has launched Lifetime Healthcare, its first medical insurance plan, with an investment of £10m. [10-Jan-1996]

Legal & General is to restructure its long-term UK fund, including a £160 special bonus to policyholders next year. [17-Nov-1995]

Legal & General is cutting premiums on life insurance by up to 25%, raising the possibility of a price war. [26-Sep-1995]

Legal & General plans to increase its sales efficiency by selling more products to each customer, bringing its insurance and unit trust businesses closer together. [15-Sep-1995]