Pension Tax Fears: Legal & General CEO Speaks Out
Update: 2025-10-23
Description
Legal and General CEO Antonio Simoes warns that potential pension tax hikes in the UK's upcoming budget are creating investor uncertainty and freezing investment. With Legal and General's share price down since Simoes took over, the company is doubling down on asset management and retail while relying on its strong pension buy-out arm to reassure investors and prove its growth strategy amid economic concerns.
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