Annual Report and Accounts 2006

Balance

Expertise

Our scale and capability accross a broad, balanced product range enables us to reach an increasingly large and diverse customer base.

Robin Phipps

Group Executive Director (UK)

Work life balance – Runners at Hove

Legal & General runners from Hove office enjoy a seafront outing. From an informal Monday evening running club a number of attendees have gone on to tackle five and ten kilometre and half marathon races – some have set their sights on the Flora London marathon this year. The Company supports track work at nearby Withdean Stadium to enable practice to continue when nights draw in.

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Strategic Distribution Agreement with Nationwide

Strategic Distribution Agreement with Nationwide

In February 2007, Legal & General entered a strategic distribution agreement with Nationwide, Britain’s largest building society. Nationwide is represented in over 860 locations and has a financial relationship with one in four households in the UK. Under the agreement, Legal & General products will be sold through the Nationwide’s 2,000 strong team of advisers and consultants.

With the Nationwide, Legal & General now has business partnerships with over twenty retail financial institutions, with a total of around 45 million customers, across the country.

Wealth Distribution Split Chart data

Distribution

One of Legal & General’s great strengths over recent years has been our multi-channel approach to distribution. We work closely with a wide range of distribution partners in the UK including IFAs, employee benefit consultants, stockbrokers, mortgage brokers, high street banks and building societies.

We provide each with the products and service which meets the unique needs of their customers. We also deal direct with customers who want to trade over the phone or, increasingly, online. Our expertise in balancing the different needs of each of these distribution channels is one of the reasons why Legal & General continues to succeed in today’s highly competitive market.

© Legal & General Group Plc 2007