New enhanced microsite for workplace pension schemes
This is not a consumer advertisement. It is intended for professional financial advisers and should not be relied upon by private customers or any other persons.
We are delighted to announce a new enhanced pension scheme microsite designed to encourage your clients’ employees to engage more fully with their retirement planning.
Most schemes will have the new site from 24 April and the table below shows the implementation strategy in full.
The new site structure is based on the four key stages of scheme membership:
- First step: joining the pension scheme
- On your way: considering contribution levels and investment choices
- Getting there: things to think about when members are 10 years or less from retirement
- Arriving: the options for taking money from a pension pot
The site incorporates short explanatory videos for each of the four stages and simplified online tools to help members plan for the level of income they’re hoping for in retirement.
The comprehensive structure and content deliver better support to the member through their journey to retirement and clearly highlight things to consider, and decisions they might want to make, along the way.
Implementation strategy
The timetable below indicates when we plan to replace your clients’ scheme microsites with the new version
| Scheme Type | Is the site for an Auto Enrolment Scheme? | Estimated Implementation Date |
|---|---|---|
| Worksave Pension Plan (where the fund names ends in ‘3’, for example the ‘Legal & General Cash Fund 3’) | Yes | 24 April 2017 |
| Group Stakeholder Pension Plan | Yes | 19 June 2017 |
| Worksave Pension Plan (where the fund names don’t end in 3, for example the ‘Legal & General Cash Fund ’) | Yes | 19 June 2017 |
| Group Personal Pension Plan | Yes | 3 July 2017 |
| Worksave Pension Plan (where the fund names don’t end in 3, for example the ‘Legal & General Cash Fund ’) | No | 19 June 2017 |
| Worksave Pension Plan (where the fund names ends in ‘3’, for example the ‘Legal & General Cash Fund 3’) | No | 10 July 2017 |
| Group Stakeholder Pension Plan | No | 17 July 2017 |
| Group Personal Pension Plan | No | 24 July 2017 |
Your clients don’t need to do anything. Their new microsite will have the same address and use the same link as the current version.
If your clients’ scheme microsites have their own unique content or branding, we will be contacting you to discuss their requirements for adopting the new style in due course.
Helping to promote the new microsite to members
To help your clients promote the new microsite to their employees, we’ve updated the which can be downloaded or printed and distributed to their employees as part of their internal communications programme.
Please note: Your clients can manually edit the poster to show their logo, scheme name and their specific microsite address.