After an incredibly volatile past week, Legal & General released an update clarifying its financials and objectives for FY 22. In all, L&G has been reassuring on the impact of the turmoil surrounding the Gilt market and LDI pensions, while it seems that failing schemes would ”only” impact pensioners rather than L&G directly.
05 Oct 2022
Safe haven in a nightmarish environment?
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Safe haven in a nightmarish environment?
Legal & General Group Plc (LGEN:LON) | 244 -1 (-0.2%) | Mkt Cap: 14,602m
- Published:
05 Oct 2022 -
Author:
Grégoire Hermann -
Pages:
2
After an incredibly volatile past week, Legal & General released an update clarifying its financials and objectives for FY 22. In all, L&G has been reassuring on the impact of the turmoil surrounding the Gilt market and LDI pensions, while it seems that failing schemes would ”only” impact pensioners rather than L&G directly.