Insurance Giant Legal & General Diversifies Strategy with Pension Expansion and Cala Housebuilder Sale
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Legal & General's Strategic Shifts
Legal & General, a well-known insurance and asset management group, is set to revamp its business operations under new leadership with a focus on efficiency and clarity. The company's renewed strategy includes expanding its pension offerings and selling off the Cala housebuilder division, aiming for a more streamlined business structure.
Decisive Business Moves
Legal & General's decision to expand its pension services while divesting the housebuilder Cala signifies a strategic pivot towards a more focused business model, aligning with market demands and growth opportunities. Through these changes, the company aims to strengthen its position in the industry and drive future success.