From the end of last month the has firm added 20 new pension investment funds for personal pension, group personal pension and self invested pension plan customers.

L&G;’s Tony Bilbin said: “These changes demonstrate our commitment to this increasingly important market, in which the need to provide greater investment choice is a core requirement.

“The range of funds has been specially chosen to meet the risk profiles and investment aims of our personal pension customers,” he added.

Meanwhile, speculation about a possible bid for L&G; from UK pensions rival Prudential continues. Trading in L&G; shares yesterday took place at levels four per cent higher than average on the news.

For more information about personal pensions, click here.

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