Business
Outcome of Audit Tender
Legal & General Group Plc intends to appoint Deloitte LLP as its external auditor for the financial year ending 31 December 2028, subject to shareholder approval at the 2028 Annual General Meeting, following a competitive tender process. KPMG LLP will continue as the current auditor for the financial years ending 31 December 2026 and 31 December 2027, with the latter also requiring shareholder approval. Disclaimer*
About this update from Legal & General Group Plc
[{"type":"text","content":"\n\n\n\n\n\nLegal & General Group Plc\n26 May 2026\n\n\n\n\n\n\n\nLEGAL & GENERAL ANNOUNCES OUTCOME OF AUDIT TENDER\n \nLegal & General Group Plc (\"L&G\") today announces that, following the conclusion of the formal tender process for the role of statutory auditor, it intends to appoint Deloitte LLP (\"Deloitte\") as its external auditor for the financial year ending 31 December 2028 onwards. The appointment will be subject to shareholder approval at L&G's 2028 Annual General Meeting.\n \nThe selection of Deloitte has been approved by the L&G Board and follows an extensive competitive tender process, which was overseen by the Audit Committee. The audit tender was conducted as a result of the requirement for public interest entities to undertake an audit tender at least every ten years.\n \nKPMG LLP (\"KPMG\"), the Company's current auditor, will continue in its role as external auditor for the financial years ending 31 December 2026 and 31 December 2027, the latter subject to shareholder approval. The Board would like to thank KPMG for its significant and continuing contribution as the Company's auditor.\n \nFurther details of the audit tender process and selection criteria will be provided in the Company's 2026 Annual Report and Accounts.\n \n \n-ENDS-\n \nNotes to editors\n \nAbout L&G\n \nEstablished in 1836, L&G is one of the UK's leading financial services groups and a major global investor, with £1.2 trillion in total assets under management (as at FY25) of which c. 43% (c. £0.5 trillion) is international.\n \nWe have a highly synergistic business model, which continues to drive strong returns. We are a leading international player in Institutional Retirement, in Retail Savings and Protection, and in both public and private markets through our Asset Management business. Across the Group, we are committed to responsible investing and dedicated to serving the long-term savings and investment needs of customers and society.\n \nAs at 22 May 2026, L&G had a market capitalisation of £15.1 billion.\n \n\n\n \nFurther information\n\nName: Andy Sinclair\nRole: Group Chief Strategy & Investor Relations Officer\nTel: +44 20 3124 2494\nEmail: [email protected]\n \nName: Gregory Franck\nRole: Investor R...