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Legal & General Group plc, commonly known as Legal & General, is a British multinational financial services and asset management company headquartered in London, England. Its products and services include investment management , lifetime mortgages (a form of equity release ), pensions , annuities, and life assurance .
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Suffolk Life was established in 1971 by a group of solicitors, with the aim of allowing commercial property to be purchased using pension funds. The business was founded by Alan Catchpole, and then taken over by his son, Henry Catchpole, who held the role of managing director from 1997 until 2010.
Scottish Widows is a life insurance and pensions company located in Edinburgh, Scotland, and is a subsidiary of Lloyds Banking Group. Its product range includes life assurance and pensions . The company has been providing financial services to the UK market since 1815.
In 2012, it managed defined benefit pension plans for 156,563 civil servants (members), including 56,752 retirees, making it the largest county retirement system in the United States. [ 4 ] [ 5 ] In 2018, LACERA's net assets were worth US$55.8billion .
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These regional pension counseling projects assist individuals who have questions about their retirement plan. [6] [7] The Center's website includes fact sheets about retirement income issues and summaries of legislation, regulations, and court cases. [8] The Center also operates PensionHelp America, an online legal referral service. [9] [10]