Support and tools
Support and tools to help make managing pensions easier for clients and their employees
At Legal & General, we understand that managing pension schemes and helping members to make the most of them isn’t always easy.
That’s why we’ll be by your clients’ sides for the long haul – from setting up their schemes, to guiding them through the implementation process, to providing tools that help make it simpler and more engaging for their employees to get involved with their pensions.
Below is an overview of some of the tools and support we offer to help make it easier for you, your clients and their scheme members.
Overview of some of the tools and support we offer
Auto enrolment
As one of the leading auto-enrolment providers in the industry with some of the biggest household names under our wing, we can offer your clients our experience in making the process as simple and flexible as we can. Whether your client is big or small, about to start enrolling employees for the first time or looking to change provider, we can help.
Automatic enrolment solution for small and micro clients
To make life even easier, our partnership with Smart Pension means your client can take advantage of our award-winning investment capabilities through an efficient smart platform for our Mastertrust. See more from the Smart Pension website.
Switching providers
Winding-up an existing company pension and dealing with legacy pension issues can be complicated and time-consuming. We can offer you and your clients a comprehensive package of administrative support to help make the transition to a new arrangement as smooth as possible.
Our comprehensive package of support includes:
- asset transition solutions
- a direct offer process that allows us to approve the transfer promotion to employees
- administration services
- support during transition
- support for DB/DC hybrid restructures
- technical support for pension restructures
Implementation support
Our experienced implementation team can guide you through setting up your client’s scheme as quickly and efficiently as possible. We’ll also offer ongoing management support providing bespoke information on your client’s scheme such as employee demographics and contribution levels. We can work with you and your client on campaigns to introduce and embed the scheme in their business, while our ongoing member communications can support internal information drives.
Our online tools available to you and your client include:
- WorkSave Choice – supporting auto enrolment this tool facilitates the member decision making process and associated administration.
Manage Your Scheme – pension administration service to allow you and your client manage their scheme
Member engagement made easy
Our extensive range of member communications and tools are available to your clients to support them in helping their employees engage with their retirement plans and get the best from their workplace pensions.
Online tools available to members:
- Manage Your Account – our digital portal for members to check the value of their pension pots and perform transactions
- Scheme website with access to pension information, tools and financial education
- How much do you need in retirement calculator – an interactive tool using the retirement living standards that allows members to tailor their expenditure to their individual needs
- Retirement planner – an easy, interactive way for members to find out whether their pension savings will cover their lifestyle needs when they retire
- Online pension benefit statements
- ‘Boost your savings’ calculator
- Go&Live, a financial wellbeing hub to support members with information on meeting life’s monetary challenges wherever they are along their journey to retirement
Caring about issues your clients care about
