Published by Global Banking & Finance Review®
Posted on June 17, 2025
1 min readLast updated: January 23, 2026
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Legal & General forecasts a 6%-9% growth in core operating profit by 2025, aligning with its strategic goals, and plans a capital-light asset management strategy.
LONDON (Reuters) -British insurer Legal & General expects 2025 group core operating earnings per share to grow between 6% and 9%, in line with its three-year targets, it said on Tuesday.
It will announce a strategy for its asset management unit later on Tuesday, including plans to become a more capital-light business, sell more third-party financial products and provide clients with more sophisticated investment solutions.
The company reiterated its 2028 targets, which include delivering 500 to 600 million pounds ($679 to $814 million) in operating profit by increasing earnings through fees charged to clients while reducing costs.
Last month, Legal & General announced the merger of two of its investment units as part of efforts to cut costs and simplify its business.
($1 = 0.7369 pounds)
(Reporting by Pushkala Aripaka in Bengaluru and Andres Gonzalez in London; Editing by Nivedita Bhattacharjee and Joe Bavier)
Legal & General expects its group core operating earnings per share to grow between 6% and 9% in 2025.
Legal & General will announce a strategy to become a more capital-light business and sell more third-party financial products.
The company aims to deliver between 500 to 600 million pounds in operating profit by increasing earnings through client fees while reducing costs.
Last month, Legal & General announced the merger of two of its investment units to cut costs and simplify its business.
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