L&G Seeks to Reassure Investors About LDI and Annuities Business
- Profits on track to meet previous growth forecast, L&G said
- No difficulty in meeting collateral calls in annuity portfolio
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Legal & General Group Plc said it can handle market moves affecting its liability-driven investment business and annuity portfolio after Chancellor Kwasi Kwarteng’s mini budget triggered turmoil in the UK government bond market.