Company

Legal & General

Type: public
Ticker: LGEN · LSE
Market value: $18B

Legal & General is public, listed as LGEN on LSE, in Insurance.

What it sells: annuities, pension risk transfer, asset management.

In the language of this map it serves 3 solutions — Annuities, Defined-benefit pensions and Tax-advantaged retirement accounts — which between them relieve 6 human frictions.

Its neighbourhood

Everything this entry connects to directly. Click any point to follow it.

Sells

AnnuitiesLate career
Defined-benefit pensionsRetirement
Tax-advantaged retirement accountsMidlife

Human frictions it ultimately relieves

Reached through the solutions above, never directly.

Will the money last as long as the lifeLate career
Money must arrive every month without a jobRetirement
The money may run out before the life doesRetirement
Someone still depended on the incomeDeath
Retirement is now visible and must be funded from what remainsMidlife
Peak earning is peak taxationMidlife

Trends favouring it

Ageing populations and the longevity economyAlready large; the question is how it resolves, not whether it happens.
The retirement savings gap and pension reformAlready large; the question is how it resolves, not whether it happens.