Legal & General saw profit rise after a "stand out" year for its retirement arm, and LGIM was boosted by growth in DC pensions

Legal & General Group reported a 17% increase in annual pretax profit, driven by growth at its retirement division.

Pretax profit rose 17% to £1.6 billion in 2015, and the company increased its full-year dividend to 14.35 pence from 13.40p, according to a March 8 statement.

Legal & General reports jump in retirement profits

Samuel Agini

Legal & General

Aberdeen Asset Management

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