Pensions - Articles - L&G announce strong growth for with profits policyholders

 Long-term returns continue to be well above inflation…

 Over 25 years the assets held on behalf of Legal & General’s with profits policyholders have returned 8.6% per annum before tax and over 10 years the annual return is 5.9% before tax. This has exceeded the return on an average balanced managed fund and continues to be more than the average inflation rate over the same period, based on the Retail Prices Index (RPI).

  

 

  

 Commenting on our 2016 with profits performance Jackie Noakes, Managing Director Savings, Legal & General Assurance Society said; “Our with profits customers will benefit from a year of strong investment returns for 2016 of 15.3%. This clearly demonstrates the benefits for our existing customers of remaining invested in a fund with a broad range of assets. It also means that our with profits customers continue to see steady growth on their investments over the long-term, well in excess of inflation.”