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Your LGPS AVC solution

L&G’s solution for the Local Government Pension Scheme
 

What do we offer?

We’re pleased to offer the Local Government Pension Scheme (LGPS) a solution to support additional voluntary contributions (AVCs), via the Legal & General WorkSave Pension Trust, supported by L&G’s high-quality services for employers and members. The solution provides:

Dedicated and ongoing support

Scheme administration

Payroll contribution support

Investment solutions

Scheme and member communications

Member services

Hear from our partners at My Money Matters

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Running LGPS AVCs doesn’t have to be complicated. Now there’s a simpler way to do it — for both employers and members.

L&G’s LGPS AVC solution, delivered in partnership with My Money Matters, brings together pension expertise and a seamless digital experience. It’s smarter, faster, and built for today’s public sector.

For authorities, everything happens in one place. Contribution changes are captured, packaged automatically for each payroll, and delivered securely, reducing admin and saving valuable time. Less paperwork. More peace of mind.

For members, My Money Matters delivers more than just a portal. It’s a financial wellbeing platform designed to engage, educate and empower. Members get access to webinars, 1:1 coaching, live webchat, and optional regulated advice on Shared Cost AVCs, at no cost where offered. It’s the support they need to make confident financial decisions, every step of the way.

And with single sign-on, members move seamlessly from My Money Matters straight into their L&G account.

All underpinned by L&G’s proven administration, 24-hour processing targets and a dedicated team for onboarding and ongoing support.

As an approved AVC provider under the LGPS National Procurement Framework, getting started is simple, secure, and compliant.

Together, L&G and My Money Matters are bringing something new to the LGPS. Simpler administration, stronger engagement, and a better financial future for every member.

Find out more at legalandgeneral.com/lgpsavc.

 

Why choose us

As a Group, we’re well placed to create and develop innovative solutions for you and your members, providing access to a high-quality and well-governed range of products that will endure as the savings and pensions landscape changes.

Your LGPS AVC Solution

Provided by: L&G
Supported by: My Money Matters

Our solution also offers you the unique opportunity to simplify your payroll administration through our unique partnership with My Money Matters.

My Money Matters was established in 2018 to support public sector employers in offering AVC services to LGPS members. It provides a fully managed solution to help you launch and manage your scheme, including a bespoke web platform, member communication services and full administrative support.

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Next steps

We do not underestimate the significance of your decision and the importance of finding the right partner to provide your LGPS AVC solution.

To receive a pricing quotation from us or to understand more about the solutions we can offer, please complete the form below and a member of our DC New Business team will get back to you.

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Key risks

The value of an investment and any income taken from it is not guaranteed and can go down as well as up, and the investor may get back less than the original amount invested. 

Once L&G has received and accepted the transfer value payments they cannot be returned. 

The value of the benefits payable on the member’s death may be lower than those that would have been paid under their scheme. 

The value of the units which make up a member’s fund can go down as well as up, so the value of their fund is not guaranteed. It is particularly important for a member to remember this if they are close to taking their benefits. 

The fund or funds the members are invested in will have specific risks. These risks are described on the fund factsheets which you can view at legalandgeneral.com/investwbop 

The law and tax rates may change in the future.