How we manage our With Profits business
Our Introduction to With Profits guides are customer friendly versions of our Principles and Practices of Financial Management (PPFM). They aim to give you a clear guide as to what With Profits savings and investments with Legal & General are all about. They cover the main points of the PPFM.
Principles and Practices of Financial Management
Under the FSA’s rules for the governance of With Profits business, we are required to publish Principles and Practices of Financial Management (PPFM). It contains a more detailed description of our approach to managing With Profits.
For a full description of all the changes to the PPFM in 2007, please see Changes to Legal & General’s Principles and Practices of Financial Management 2007.
We also publish a separate document of facts and figures on our With Profits business.
The board of directors reports on compliance with the PPFM each year. The report also includes statements from the independent assessor and the With Profits Actuary.
Since 2004 we have been required to publish Principles and Practices of Financial Management and report on compliance.
This article was taken from Legal & General Website 7/4/2008
To contact Legal & General - Telephone - 08700 104080
