Pensions highlights

Budget 2009

Restrictions on pension tax relief for high earners.

(30 April 2009)

Chancellor's Budget 2009

Chancellor Alastair Darling delivered his second budget on Wednesday 22 April 2009 and announced that the UK economy is facing its worst year since the end of the second-world war. Legal & General's technical team has produced the attached bulletin which looks at the Chancellor’s main announcements as they impact investment and retirement provision.

(22 April 2009)

IMPORTANT ANNOUNCEMENT – Savings Product Range

Changes to our Onshore Bonds and Pension range

(9 April 2009)

Why Choose Us – Financial positioning statement

NEW material now available

(27 March 2009)

Individual Stakeholder and Personal Pension 2000

2 March 2009 - Changes to single premium/transfers commission rate

Basic initial commission payable for single premiums/transfer payments with terms of 15 years or more, will reduce from 3.5% to 3%.

This change will take effect on 2 March 2009 and will apply to new business, including increments to existing plans.

• Applications forms and increments accompanied by illustrations dated pre 2 March 2009, which complete by the 3 April 2009 will be set up on the old terms.
• Applications forms and increments not accompanied by an illustration dated pre 2 March 2009 will be set up on the new terms.

For more details about the transitional arrangements, please read the latest Adviser News.

(2 February 2009)

Pension Transfers Campaign

A new range of Pension planning and transfer literature.

(8 January 2009)

The Legal & General Portfolio Plus Pension

The Portfolio Plus Pension from Legal & General offers your clients a flexible pension plan that can adapt to meet their changing needs as they accumulate their retirement wealth.

(4 August 2008)