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Pensions News.

Current News

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

2016

Improvements to the Retirement Planner
19 December 2016 - Improvements to the Retirement Planner

Not all doom and gloom for multi-asset investors
07 September 2016 - Not all doom and gloom for multi-asset investors

New Lifestage prompts for pension scheme members
05 September 2016 - new mailing programme prompts members to review their investment strategy.

Workplace Savings - Addition of Mixed Investment funds
07 September 2016 - Addition of Mixed Investment funds

Members can now engage with their Workplace Pension on the move.
02 August 2016 - Members can now engage with their Workplace Pension on the move.

Master Trust Assurance Framework
14 June 2016 - Master Trust Assurance Framework

Independent Governance Committees
14 June 2016 - Independent Governance Committees

Changes to investment funds
14 June 2016 - Changes to investment funds

MYA Registrations and Updated Marketing Materials
12 April 2016 - Manage Your Account Registrations and Updated Marketing Materials

New Pre-Retirement Member Engagement Strategy
12 April 2016 - New Pre-Retirement Member Engagement Strategy

New at Retirement Solutions
02 February 2016 - New at Retirement Solutions

Delivering value for money
02 February 2016 - Delivering value for money

Member communication for default investment strategy
09 February 2016 - Member communication plan following change of default investment strategy

2015

Three Investment Strategies.
12 November 2015 - Three Investment Strategies to Help Members with Freedom and Choice.

Consumer behaviour since Pensions Freedom day
12 November 2015 - Consumer behaviour since Pensions Freedom day

New default investment strategy for WorkSave Pension Plans
24 September 2015 - New default investment strategy fro WorkSave Pension Plans

A multi-asset approach to investing.
9 June 2015 - A multi-asset approach to investing.

Election victory and Second Line of Defence
9 June 2015 - Election victory and Second Line of Defence.

Pension Freedoms and Customer Behaviour.
9 June 2015 - Pension Freedoms and Customer Behaviour

2014

First mastertrust annual general meeting.
18 November 2014 - The Trustees of the Legal & General Mastertrust held their first ever Annual General Meeting in September.

Changes to Worklife Solutions.
18 November 2014 - The take-up rates for Workplace Rewards, which is part of Worklife Solutions, has been very low and so Workplace Rewards is being withdrawn.

News round up.
18 November 2014 - We bring you a roundup of recent pension industry news.

New improved pension benefit statements.
18 November 2014 - After a successful pilot scheme, we're pleased to announce the introduction of a new improved pension benefit statement to help your employees monitor the progress of their retirement savings.

'Highly Commended' at Workplace Savings & Benefits Awards 2014
30 September 2014 - We are pleased to announce that Legal & General were 'Highly Commended' at the 2014 Workplace Savings & Benefits Awards.

Auto Enrolment Provider of the Year.
14 June 2014 - We're thrilled to announce that we've been recognised as Auto Enrolment Provider of the Year for the second year running at the FT Pension and Investment Provider Awards.

Budget 2014: important news for company pension scheme members
05 June 2014 - The 2014 budget introduced dramatic changes to the options for defined contribution pension scheme members as they approach retirement.

Improvements to our pension benefit statements.
05 June 2014 - We've been listening to feedback from our customers, and as a result have made a number of improvements to our Mastertrust pension benefit statements.

Financial News Awards 2014.
05 June 2014 - We are delighted to announce that we won an award for Best Pension Scheme Governance for the Legal & General WorkSave Mastertrust at this month’s Financial News Awards.

We've won an award for mastertrust.
14 April 2014 - We're delighted to announce that we've won the Best Mastertrust category in this year's Corporate Adviser Awards.

Changes to disclosure requirements 2014.
11 April 2014 - In addition to the far-reaching changes announced in the budget this month, there have been a number of quieter changes in legislation which change the information requirements for both trust and contract based plans with effect from 6 April 2014.

Budget 2014 initial response.
11 April 2014 - The recent Budget introduced dramatic changes to the options for defined contribution pension scheme members as they approach retirement.

Legal & General announce plans for first pension member AGM
12 February 2014 - The Trustees of the Legal & General Mastertrust plan to invite scheme members to attend a Mastertrust Annual General Meeting (MAGM) during 2014.

Auto enrolment - is it working?
12 February 2014 - The largest employers staged over a year ago and thousands of SME’s are due to follow suit throughout 2014.

Final salary actuarial and administration services
12 February 2014 - Our Final Salary Services specialise in providing actuarial and administration services for small and medium defined benefit schemes, either open or closed to accrual.

2013

Are you ready for auto enrolment?
03 December 2013 - Auto enrolment is upon us and, if you haven't started already, you need to be thinking about it now.

Technical changes to auto enrolment.
03 December 2013 - The government recently announced technical changes to the auto enrolment legislation.

Gold Standard Award success for Pensions
03 December 2013 - We are pleased to announce we've won the Incisive Media Gold Standard Award for Pensions.

Enhancements to the online experience.
14 October 2013 - We're pleased to announce the launch of new content and videos on our Workplace Benefits website.

Workplace Savings Provider of the Year 2013.
14 October 2013 - We're thrilled to have been recognised as Workplace Savings Provider of the Year at the Workplace Savings and Benefits Awards 2013.

We have received an outstanding rating from Investor In Customers for the third year running
12 September 2013 - We are delighted to have been awarded an Investor in Customers (IIC) 'Outstanding' rating for the third year running.

Important changes to our pension lifestyle profile projections
12 September 2013 - We've reviewed the way we produce our projections for Lifestyle Profiles.

Training programme PMI accredited
12 September 2013 - The Pensions Management Institute (PMI) have announced us as one of the first organisations to receive accreditation for their training and development programmes.

Improved governance for contract based pension schemes
12 September 2013 - No-one will deny the importance of good governance in delivering better member outcomes, which is why we have instituted a change in our governance approach to our contract based pension schemes.

Enhancing our customer experience.
09 Augst 2013 - It's important to us that our customers receive the support and services they need, so we recently carried out extensive research into our customers’ experiences with us.

WorkSave Mastertrust receives PQM READY status.
06 August 2013 - We have become the first insurer to achieve the Pension Quality Mark (PQM) READY accreditation for our mastertrust pension scheme.

Trust schemes communications praised.
06 August 2013 - In a recent article in Employee Benefits, Steve Webb, Pensions Minister, praised the employee communications used at Marks & Spencer and Asda in the lead up to auto enrolment.

Top 10 Most Influential People in Pensions
06 August 2013 - Tony Filbin, Managing Director, Workplace Savings, has been recognised as one of the Top 10 Most Influential People in Pensions.

Workplace Savings Auto Enrolment Provider of the Year 2013
04 June 2013 - We're very pleased to announce that we (Legal & General – Workplace Savings) were awarded the Auto Enrolment Provider of the Year at this year's FT Pension and Investment Provider Awards.

Pensions and Benefits Show 2013.
16 May 2013 - Come and see us at the Pensions and Benefits Show where we'll be available to discuss all your auto enrolment needs.

Friend of Pension Quality Mark.
16 May 2013 - As a leading pension provider, we're committed to promoting high quality workplace pension schemes. Which is why we have been awarded the status Friend of Pension Quality Mark (PQM).

Celebrating our success at the UK Pensions Awards
16 May 2013 - We're thrilled to announce that we won the Corporate Platform / Wrap Provider of the Year award at the UK Pensions Awards 2013.

First independent chair for Mastertrust
16 May 2013 - Paul Trickett has taken up a new role as independent chairman of Legal & General's WorkSave Mastertrust.

We're Supporting the Launch of the Anchor Community Band
18 April 2013 - We've teamed up with our customer Anchor to support the launch of the Anchor Community Band's bid for stardom and place in the official UK Singles Charts.

Legal & General enrol 250,000 new members
13 March 2013 - We've auto enrolled over 250,000 new members into pension schemes for some of the biggest names in British business.

2012

Group pensions and insured/hybrid SIPP provider of the year!
29 October 2010 - 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.

Two new solutions to make auto enrolment easier.
07 December 2010 - Two new solutions to make fulfilling your auto enrolment obligations easier.

2011

One million more households in danger of debt
11 November 2011 - Our latest MoneyMood Survey shows a million households are worse off now than they were just 1 year ago.

New look pension benefit statements
03 October 2011 - 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
30 September 2011 - 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
03 August 2011 - An idea to encourage saving for retirement

Employee views on auto enrolment
03 August 2011 - We've recently revealed the findings of new research into how employees will deal with the auto enrolment process.

Submissions management process improved
22 June 2011 - 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'
25 May 2011 - 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
16 May 2011 - 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
11 May 2011 - 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
11 May 2011 - 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 helpline
03 August 2011 - Our member helpline, run by a team of experts, provides your employees with outstanding service and support.

Early access to pensions ruled out
20 April 2011 - Savers will not be able to access their pensions early, the Government has announced.

Recognition for our outstanding customer service
06 April 2011 - 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.

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

Mixed reaction to retirement plans
29 March 2011 - 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
25 March 2011 - 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
24 March 2011 - The state pension system is to be replaced by a simplified version that uses a flat-rate to pay about £140 per week.

Important legislative change.
02 March 2011 - 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.

New Member Education HUB – The Learning Zone.
28 February 2011 - Helping to educate and inform your employees about pensions and savings.

Help your employees understand their finances.
12 May 2011 - Our Cash Family challenges provide a wealth of information on financial subjects such as savings and debts, in a fun and interactive way.

2010

Group pensions and insured/hybrid SIPP provider of the year!
29 October 2010 - 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.

Two new solutions to make auto enrolment easier.
07 December 2010 - Two new solutions to make fulfilling your auto enrolment obligations easier.

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