Pensions News.

Current News

Keep up to date with the latest news, insight and information on group pensions.

Can workplace ISAs become our savings saviours?
Helen Pridham, Glasgow Sunday Herald, talks about workplace ISAs and how they can change savings habits.

Text messaging service for scheme members
Workplace Savings are constantly looking at ways to drive engagement through employer sponsored savings schemes. We're achieving this by providing regular and better information to customers in ways that are useful and convenient to them.

Customer research on auto enrolment
Auto enrolment research shows a minimum of 74% of employees will stay in scheme

One million more households in danger of debt
Our latest MoneyMood Survey shows a million households are worse off now than they were just 1 year ago.

New look pension benefit statements
We’ve re-designed our pension statements to present customers with a clear and easy to understand document.

Launching our online opt out demo for auto enrolment
We’re currently working to complete our online opt out function, WorkSave Choice, in time for the beginning of auto enrolment next summer.

Workplace Savings win Pensions Week retirement slogan competition
An idea to encourage saving for retirement

Employee views on auto enrolment
We’ve recently revealed the findings of new research into how employees will deal with the auto enrolment process.

Submissions management process improved
With our enhanced online service, you can administer new joiner and existing member contributions quickly and easily directly through Manage Your Scheme.

People 'saving less for retirement'
In the past year there has been a dive in the savings levels of people who are about to or have already given up work, a study has suggested.

Share scheme tax savings revealed
Employee share schemes will save workers a total of £870 million in tax this year, according to a leading accountancy firm.

Enhancing our bulk transfer operations
To deal with bulk transfers smoothly and efficiently we’ve recently launched our new and enhanced Bulk Transfer Operating Model.

Saving for a pension shows a sharp rise
The number of people who say they’re thinking of saving for a pension has shown a significant rise according to figures in the latest MoneyMood Survey (April 2011) indicating a positive return to saving for the longer-term.

More than just a a helpline
Our member helpline, run by a team of experts, provides your employees with outstanding service and support.

Early access to pensions ruled out
Savers will not be able to access their pensions early, the Government has announced.

Pensions legislative changes 6 April 2011
A quick summary of the main changes.

Recognition for our outstanding customer service
Workplace Savings has received an Outstanding Service award from Investor in Customers for our commitment to meeting the needs of the market and our customers.

Mixed reaction to retirement plans
Just a quarter of employers are in favour of moves that will see the default retirement age of 65 scrapped next month, latest research has revealed.

Worse off after Budget, say Britons
A reduction in fuel duty has not stopped more than a quarter of Britons thinking that the latest Budget will leave them with less money, a survey has revealed.

Flat-rate state pension to pay £140
The state pension system is to be replaced by a simplified version that uses a flat-rate to pay about £140 per week.

New! Member Education hub – The Learning Zone.
Helping to educate and inform your employees about pensions and savings.

Two new solutions to make fulfilling your auto enrolment obligations easier.
We’re developing new solutions to simplify administration and reduce costs, so you can meet your auto enrolment obligations without burden.

Help your employees understand their finances.
Our Cash Family challenges provide a wealth of information on financial subjects such as savings and debts, in a fun and interactive way.

Archived News

Important legislative change.
With effect from 21st December 2012, the use of gender as a factor must not result in differences to individuals’ premiums and benefits for insurance and related financial services contracts.

Group pensions and insured/hybrid SIPP provider of the year!
We were crowned winners of two industry-leading awards for best group pensions and insured/hybrid sipp at the technology administration and service (TAS) awards 2010.

Legal & General to play key part in auto-enrolment
Auto-enrolment update, 24 June 2010

The June 2010 budget
Some key points from the Coalition Government's emergency budget

Group SIPP Provider of the Year - two years in a row!
We’ve done it again! For the second year in a row, Legal & General has been named Group SIPP Provider of the Year at the FT Business Pension & Investment Provider Awards (PIPA) for its WorkSave Pension Plan.

Real value for money
Adrian Boulding, Pensions Strategy Director, explains why employer pension contributions are becoming even better value.

The future of group pension provision
Introducing our WorkSave Pension Plan, a flexible, future-proof pension product to satisfy the needs of you and your employees.


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