Overview
Lobbying Costs
550,000€
Financial year: Jan 2016 - Dec 2016
Lobbyists (Full time equivalent)
1.25 Fte (2)
Lobbyists with EP accreditation
0
High-level Commission meetings
4
Lobbying Costs over the years
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Info
Legal & General Group Plc (L&G)
EU Transparency Register
551684916877-74 First registered on 08 Apr 2015
Goals / Remit
WHO WE ARE :
We’re one of the world’s largest insurance and investment management groups with over €1 trillion in total assets under management, as at 31st December 2016. Established in London in 1836, we have been providing insurance for our customers for over 180 years. With c.7000 employees we guard and look after the financial security of over c15 million people worldwide.
OUR GOAL:
To deliver outstanding value and security for customers, and sustainable growth for shareholders while taking a leadership role in the broader economy and in the provision of socially and economically useful products and services
WHAT WE DO:
We enable our customers, who range from some of the world’s largest companies and funds to millions of individuals and families, to manage their financial futures whether by protecting against unforeseen events, helping to save for retirement or investing money to deliver growth over time. We deploy our strong balance sheet, our ability to understand and pool risk, our market insight and our capacity to create good value customer propositions for every customer, large or small. Our strong social purpose means that we strive at all times to do the right thing not just for our customers and shareholders, but for the broader economy and society at largeMain EU files targeted
Changes, strategy and policy related to financial services, long term savings, and investments. This includes responding to consultations. Ongoing engagement with policy makers relevant to our ongoing business activities within the financial services sector.
Address
Head Office
Legal & General Group Plc
One Coleman Street
London EC2R 5AA
UNITED KINGDOM -
People
Total lobbyists declared
2
Employment time Lobbyists 100% 1 25% 1 Lobbyists (Full time equivalent)
1.25
Lobbyists with EP accreditation
No lobbyists with EP accreditations
Complementary Information
We have one full-time person who spends approximately 50% of their time on EU Public Affairs and Policy who does not have an access pass to the European Parliament.
In addition, we have a number of business experts who will input on specific policy proposals and attend meetings/ conferences as required. Additionally, Senior Executives may have meetings with EU Institutions on an adhoc basis. None have an access pass to the European Parliament.
Overall, for 2016, we had the equivalent of approximately 1.25 FTE, including the one full-time person who spends approximately 50% of their time on EU Public Affairs & Policy.
In addition, as European policy needs to be implemented we will have implementation teams with the business; none of these people have badges or access to the European Institutions.Person in charge of EU relations
Mr Ted Hart (Head of Public Affairs & Policy)
Person with legal responsibility
Mr Nigel Wilson (Chief Executive Officer)
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Categories
Category
II - In-house lobbyists and trade/business/professional associations
Subcategory
Companies & groups
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Networking
Affiliation
L&G belongs to, and engages with, a range of organisations whose activities may be relevant. Key groups are: Confederation of British Industry (CBI), Investment Association (IA), City of London Corporation, the Institutional Money Market Funds Association (IMMFA), Pensions and Lifetime Savings Association (PLSA), QED Brussels, CRO Forum and the CFO Forum. We also subscribe to the EU & UK monitoring service “NovaRes”, and we use Westbourne Communications & Cicero to support our UK and/or EU public affairs and policy work.
Member organisations
None declared
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Financial Data
Closed financial year
Jan 2016 - Dec 2016
Lobbying costs for closed financial year
550,000€
Other financial info
From year-to-year, the actual amount spent will vary depending on the volume, nature and scope of the European Union's policy/ legislative development at any one time.
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EU Structures
Groups (European Commission)
None
ACC
None
Groups (European Parliament)
None
Communication activities
We will convene or attend a range of meetings or events which are relevant to our business. This includes meetings with Parliamentarians, Commissioners and Officials across all EU institutions as well as run, speak or attend a range of conferences or events relating to public policy which impacts our business and our customers. From time to time we will also publish thought-leadership through a range of media or directly.
Other activities
None declared
Meetings
Meetings
4 meetings found. Download meetings
The list below only covers meetings held since November 2014 with commissioners, their cabinet members or directors-general at the European Commission; other lobby meetings with lower-level staff may have taken place, but the European Commission doesn't proactively publish information about these meetings. For more information about which commissioner is responsible for which portfolio, check out this link: https://commissioners.ec.europa.eu/index_en All information below comes from European Commission web pages.
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Date 18 Mar 2021 Location Virtual meeting Subject AIFMD, MiFID DG Financial Stability, Financial Services and Capital Markets Union Attending - John Berrigan (Director-General)
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Date 02 Jun 2016 Location Belgium, Brussels, BERL Subject Longevity reinsurance market and its interaction with Solvency II Cabinet Cabinet of Commissioner Jonathan Hill Portfolio Financial Stability, Financial Services and Capital Markets Union Attending - Sebastian Kuck (Cabinet member)
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Date 19 Aug 2015 Location Brussels Subject Financial Services Policy Cabinet Cabinet of Commissioner Jonathan Hill Portfolio Financial Stability, Financial Services and Capital Markets Union Attending - Denzil Davidson (Cabinet member)
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Date 17 Jul 2015 Location London Subject Financial Services Policy Cabinet Cabinet of Commissioner Jonathan Hill Portfolio Financial Stability, Financial Services and Capital Markets Union Attending - Jonathan Hill (Commissioner)
Other Lobbyists