![]() |
Further to the announcement made on the 26th June 2013, Legal & General Group Plc is pleased to announce that the acquisition of the entire issued share capital of Lucida Limited (formerly Lucida Plc), by the Group’s subsidiary Legal & General Assurance Society has completed. The final consideration was £149.4m. Lucida Limited is a closed UK annuity buy-out company with a portfolio of £1.4bn of annuity assets and is currently responsible for 31,000 pensions in payment. No employees or property will be transferred as part of the acquisition.
Kerrigan Procter, Managing Director of Annuities at Legal &General commented: "We are delighted to have completed the acquisition of Lucida so swiftly. 31,000 pensioners can feel that they are in safe hands with Legal & General. Our expertise in transitioning large asset portfolios will enable us to integrate the Lucida assets efficiently and ensure that those assets we retain as part of the deal are a natural fit for our annuity fund investment strategy." |
|
|
|
Reinsurance Pricing | ||
London - £180,000 Per Annum |
Senior Pricing Associate - Corporate ... | ||
London / hybrid 2-3 dpw office-based - Negotiable |
Actuarial Reporting Manager | ||
South East / hybrid 3dpw office-based - Negotiable |
FTC: London Market Actuarial Associate | ||
London / hybrid 2 days p/w office-based - Negotiable |
BPA Consultant | ||
London / hybrid 2-3 dpw office-based - Negotiable |
GI Pricing Analyst - Fully Remote | ||
Fully remote - Negotiable |
Technical Pricing Manager | ||
Fully remote with the option to work out of an office in the South of England - Negotiable |
FTC: Technical Pricing Analyst - Remote | ||
Fully remote - Negotiable |
Investment & Pensions Consultant - Bi... | ||
South East / London / hybrid - Negotiable |
1st Investment DB Pensions Actuary in... | ||
UK Flex / hybrid 2 dpw office-based - Negotiable |
Risk Manager | ||
London - Negotiable |
FTC (9-12 months) Financial Risk Manager | ||
London / hybrid 2 days p/w office-based - Negotiable |
Actuarial and Investment Consultant | ||
Remote / 1 dpm office-based - Negotiable |
Senior DB Investment Consultant | ||
Remote / 1 dpm office-based - Negotiable |
Senior Technical BPA Analyst | ||
South East / hybrid 3dpw office-based - Negotiable |
Enterprise Risk Manager | ||
South East / hybrid 3dpw office-based - Negotiable |
Life Actuarial Analyst - Financial Re... | ||
South East / hybrid with 2 days p/w office-based - Negotiable |
STAR EXCLUSIVE: First PRT Actuary in ... | ||
Flex / hybrid - Negotiable |
First Actuary In - Capital | ||
London - Negotiable |
P&C Consulting Actuary | ||
London / hybrid - Negotiable |
Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.