Investment - Articles - Legal and General acquires MyFutureNow


Legal & General Retail Retirement (LGRR) has, for an undisclosed price, purchased a 100% stake in Finovation Limited, trading as MyFutureNow, which specialises in pension pot tracing and consolidation.

 MyFutureNow provides a service that allows the customer to trace their lost or forgotten pension pots, for example from past employers. Using basic personal data and employment details, MyFutureNow uses its extensive pension database and provider knowledge to trace pension pots and provide updated details to the customer. It can be used either as a tracing service or way of creating a single dashboard view of an individual’s pension savings portfolio. MyFutureNow gives Legal & General an added benefit service for existing and potential customers across Legal & General’s Retail Retirement and defined contribution pensions business.

 Legal & General believe that its customers want to have a single, complete, understanding of their pension and retirement assets. The acquisition of MyFutureNow will support the Retail Retirement and DC businesses, enabling Legal & General to deliver a view of pension and retirement savings for its customers – individual pots, workplace savings and their underlying investment assets.
  

Back to Index


Similar News to this Story

European P and C insurers face pressure on profitability
The profitability of European property and casualty (P&C) insurers will come under increasing pressure as interest rates are likely to stay low for lo
COVID19 may be watershed for climate resilience investment
COVID-19 provokes turning point, as industry leaders drive action to invest in climate resilient infrastructure Finance and infrastructure investment
Rothesay Life complete buy in with IPC Media Pension Scheme
Rothesay Life announces that it has insured the pensioner liabilities of IPC Media Pension Scheme (the “Scheme”) through a £290m pensioner buy-in, whi

Site Search

Exact   Any  

Latest Actuarial Jobs

Actuarial Login

Email
Password
 Jobseeker    Client
Reminder Logon

APA Sponsors

Actuarial Jobs & News Feeds

Jobs RSS News RSS

WikiActuary

Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.