Legal & General CEO: We Believe in Investing in Real Assets

The transcript discusses the preparedness for Brexit, emphasizing the strategic investments made in infrastructure and real assets to drive economic growth. It highlights the importance of investing in the real economy amidst low interest rates and the potential impact of Brexit on the property market and currency. The conversation also touches on the slowing gains in life expectancy and the reinvestment of reserves to improve societal infrastructure.

What was the main focus of the company's strategy in preparing for Brexit?

• Investing in Europe and America

• Investing in local businesses only

• Reducing workforce

• Expanding into Asia

How did the company view the government's infrastructure initiatives?

• As a positive opportunity for investment

• As a waste of resources

• As irrelevant to their strategy

• As a threat to their business

What is the company's approach to dealing with low interest rates?

• Focusing on real assets and job creation

• Investing in negative yielding bonds

• Reducing investments

• Holding cash reserves

What is the company's stance on the potential impact of Brexit on the property market?

• They expect a market crash

• They plan to exit the market

• They see it as an opportunity to build more

• They are very concerned

What is the expected effect of a hard Brexit on the currency according to the discussion?

• Strengthening of the sterling

• Increase in currency value

• No change in the currency

• Weakening of the sterling

How has the trend in life expectancy affected the company's financial strategy?

• No impact

• Releasing more money from reserves

• Increased reserves

• Decreased investments

What is the company's view on the need for housing in the UK?

• Housing demand is decreasing

• There is no housing deficit

• There is a need to build more housing

• Housing is overbuilt