Our WorkSave Pension Plan is a group personal pension that provides a tax-efficient framework for investing in an extensive range of insured funds, with the option to offer self-investment if required. The plan was designed with the collective needs of an employer's entire workforce in mind.

Our WorkSave Pension Plan also offers the option of the Future World Multi-Asset Fund for employers who wish to offer their members a default arrangement that takes a positive ESG stance.

Overview

Key features of our WorkSave Pension Plan for your :

  • A default investment for auto-enrolment (chosen by Legal & General)
  • Two alternative default investment options, including a target-dated funds
  • Strong investment proposition offering access to a wide variety of funds
  • The option of the Future World Multi-Asset Fund for employers who wish to offer their members a default arrangement that takes a positive ESG stance
  • The option to operate a salary sacrifice arrangement
  • Access for employees to manage their accounts online through our Manage Your Account portal

Members' benefits:

  • access to a wide choice of investment options including:
    • Legal & General funds such as index-trackers, Target Date Funds, actively managed funds and our innovative Future World Fund range with its positive ESG stance
    • funds from specially selected external fund managers
  • an option to invest in a wide range of assets, including shares from their company share schemes
  • a facilitated adviser charging service that enables members to meet the cost of professional financial advice from their pension pots
  • a range of online education materials and useful tools to help them manage their workplace pensions
  • an online financial wellbeing hub which provides practical tools and regularly refreshed information to help support with budgeting and planning for key events throughout their lives
  • access to the online Manage Your Account portal to view their savings, change funds and update their details in the years before they start accessing their pension pots
  • a mobile app called Coll8that can be downloaded from any app store and allows members to take control of their retirement savings on the move. Features include:
    • the ability to connect to Manage Your Account to perform transactions, visit the scheme website and view Legal & General’s financial wellbeing hub
    • a link to their company’s website to view internal communications and business information such as HR systems and employee discount schemes
  • ability to take their pension plan with them, if they change employer