Legal & General Share Discussion Threads

[atlantic57] 18/12/2020 09:46

Boris states that no deal is likely...

The currency markets suggest a deal is likely...

Take your pick

[mo123] 18/12/2020 09:00

Good cod. Why was fishing not the first subject to be tackled at the negotiations?
I know it stinks.

[cl0ckw0rk0range] 17/12/2020 11:21

Appetite here

[panshanger1] 17/12/2020 10:28

I'll take that !!

[mo123] 17/12/2020 08:54

Possibility of a Brexit trade deal and comments from a US official suggesting the UK could be closing in on a deal with the US too.

The Maersk Retirement Benefit Scheme has agreed a £1.1bn (€1.2bn) bulk annuity transaction with Legal & General Assurance Society Limited, which will secure the benefits of around 1,900 deferred members and 3,000 retirees.
Laura Mason, CEO of Legal & General Retirement Institutional, said: “As one of the larger pension risk transfer transactions of 2020, today’s announcement demonstrates the resilience of the market and the ability of insurers, such as ourselves, to transact amidst a challenging economic environment.

A recent survey conducted by consultancy Aon has shown that the market events of 2020, combined with the trends of recent years, could lead to a fresh wave of benefit reviews by UK companies – and of pension scheme closures – in the coming year.

[cl0ckw0rk0range] 17/12/2020 08:42

Close this week around 280.

[mo123] 16/12/2020 12:09

HuffPost: Both houses of parliament are being prepared for sittings over what is usually their Christmas break, with a particular focus on late December.

One option is to bring any Brexit trade treaty before the Commons for a fast-tracked one-day approval on December 28, with the House of Lords told to get ready for a two-day scrutiny period on December 29 and 30.

Capital Economics saying a Brexit deal and a relatively rapid economic recovery thanks to vaccines, could push the FTSE up to 7,500 points next year. Good for FTSE index linked ETF's if you believe the numbers.

[cl0ckw0rk0range] 16/12/2020 08:49

Nice run from here to 300p

[williamcooper104] 15/12/2020 18:05

Currency markets are of course not always efficient - but in pricing no weight to anything that Boris says they are not wrong

[mo123] 15/12/2020 16:07

Currency markets behaving as though we are going to get a deal even after Bozo maintaining that no deal is still the likely outcome.

[escapetohome] 14/12/2020 22:12

Neither little nor big.

Just people who made a choice.

[luderitz] 14/12/2020 21:48

No deal and we have tariffs to pay.

A deal and we have tariffs to pay

Little Englanders displaying some of their narrow minded thoughts as usual on here..

[panshanger1] 14/12/2020 15:29

Well they've got big pensions coming to them.( that will need justification)Notice as part of the withdrawal agreement we are picking up the tab for Kinnock's / Mandelson's etc .. not inconsiderable retirement arrangements

[atlantic57] 14/12/2020 14:31

These negotiations are just like a Brian Rix Farce.
They drag it out deliberately to justify their existence.

As for the statements they are meaningless.

The currency markets have been saying for weeks a deal will be done.

Then again they said that we would vote to remain.

[mo123] 14/12/2020 14:08

Boris Johnson’s official spokesperson says no deal is now simply a “potentialR21; and “possible̶1; outcome, a day after the PM said it was the “most likely”.

[tornado12] 14/12/2020 13:40

PurpleP I fully agree even if LGEN Sp will feel pain in short term. We need to Lance the Boil that is EU. But I prefer some logic and a deal phase 1, if possible as most U.K. based companies will suffer if no deal

[purplepelmets] 14/12/2020 11:31

Er no thanks LUDERITZ, we'll mine the channel and send all our dole bludgers to the EU

[cordwainer] 14/12/2020 10:46

With a more devolved administration.

[luderitz] 14/12/2020 10:37

Let the dis-United Kingdom stay a member of the EU.

[mo123] 14/12/2020 10:21

Bloomberg: The EU appears willing to concede that Britain will not be locked into matching its level playing field rules, and that any retaliatory tariffs “would come only after arbitration and dispute resolution”.

However, it looks as though UK will have to give ground on fish or the talks may flounder. Just couldn't resist it.

[cordwainer] 14/12/2020 08:33

Let the EU become a member of the United Kingdom.

[edmundshaw] 14/12/2020 08:21

New year's Day? Will this torture never end? Who's for another 6 month extension?

[panshanger1] 14/12/2020 07:56

Good call My sense is they will get something over the line ?Should be very helpful here