Workplace ISA

ISA investing made simple

Let's simplify saving

We’re supporting your employees and creating brighter financial futures.

By taking the complexity out of investing, your employees can easily choose the best investment that suits them.

A workplace ISA is a benefit that empowers employees to begin their savings journey with confidence.

We now offer two ways for your employees to invest in their future

Workplace ISA through payroll

Your employees can invest directly through payroll each month, and make lump sum payments. We can also set up employer contributions.

There are three exclusive multi-asset core funds to choose from in our Simple Fund Choice and a wide range of funds in our Self-Select Fund range.

Workplace Stocks and Shares ISA

Our Stocks and Shares ISA is a simple way for you to offer your employees a workplace savings benefit, without having to manage payroll. This can also be extended to a member's friends and family to help them build financial resilience.

There are five multi-index funds to choose from in our Simple Fund Choice, and an extended range of funds in our Self-Select Fund range.

Please remember the value of your employees' investment will go up and down. It isn’t guaranteed, so they may get back less than they put in. While an ISA is usually considered as a medium to long-term investment for at least five years, there is no fixed term for their investment.

Why offer a workplace savings benefit?

Financial wellbeing

Become an employer of choice. By offering a workplace savings benefit you can help your employees take greater control of their financial futures.

Tax-efficient

Allow all of your employees to make the most of their annual tax allowances.

Savings made simple

Provide an easy way for your employees to regularly save for their financial goals. Whether it’s a new home, or the trip of a lifetime.

Easy and cost-effective

Experience a straightforward set-up process, at no ongoing cost to the employer.

Why choose L&G?

It takes a lot of work to make investing this simple

Established in 1836, we are one of the UK’s leading financial services groups and a major global investor, with over £1.1 trillion in total assets under management as at 31 December 2024.

Transparent and affordable

We’re clear about our charges, with an affordable and competitive total cost to your employees.

24/7 secure access

Our simple, accessible online portal is easy to use. Your employees can access their Legal & General Workplace Pension, and any other accounts they may hold with us all in one place.

Ongoing support

Our promotional and educational toolkit makes your employees' savings journey clear and simple.

Our online account gives your employees total control

We ensure that our workplace ISA customers have complete privacy from their employer. This includes the value of their ISA pot, choice of investments, and when and how they access their investments.

When employees leave your company, they can keep their L&G ISA investment. If they invest through salary sacrifice, their payroll deductions will simply cease.

With their online account, your employees can:

Top up and withdraw investments
Change investment
Access up-to-date investment valuations
View and print statements
Update personal details
Send secure emails to our customer service teams

Transfer an old ISA

Once your employees have set up a Stocks and Shares ISA with us, they can then transfer any old stocks and shares ISA or cash ISAs into their account.