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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 Bradford & Bingley is forming a joint venture with Legal & General to offer investment and protection plans, which will involve the transfer of 200 branch-based B&B staff to L&G. 02-Nov-2004 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 Dunedin Capital Partners has acquired Group Trust, the investment business of Legal & General, for £32m. 11-Apr-2001 Barclays has announced a deal to sell Legal & General pensions and investment funds, which will lead to the closure of its own life assurance and B2 retail fund management business and the loss of 750 jobs in the London area. 17-Jan-2001 PowerGen has announced a deal to sell its packaged gas, electricity and telephony service to 2m customers of Legal & General, while Legal & General will offer stakeholder pensions to PowerGen's 250,000 business customers. 26-Jul-2000 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 National Westminster Bank has abandoned hopes of taking over Legal & General, following the Bank of Scotland approach for NatWest. 07-Oct-1999 National Westminster Bank is in negotiations to acquire Legal & General for about £11bn, in order to create a major new financial services group. 03-Sep-1999 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 Guardian Royal Exchange is to start making savings in its insurance division following the acquisition of Legal & General's commercial insurance business, and expects 350 jobs to be cut and 7 offices to be shut. 11-Dec-1996 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 Guardian Royal Exchange has bought Legal & General's commercial general insurance business for £48m, and hopes to achieve cost savings by merging the business with existing operations. 10-Jul-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 Sales of life insurance started to pick up again in the second half of 1995, according to sales figures from Scottish Widows, Legal & General, Britannic Assurance and Lloyds Abbey Life. 19-Jan-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
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