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Russia's invasion of Ukraine

We've seen significant movements in stock markets and other investments around the world. It's understandable to be concerned about your investments. However, pensions are a long-term investment and history suggests that after markets go down, they will typically go back up again at some point. If you would like to know more, visit our response hub to see what this could mean for you and your savings.

We're pleased to share with you our Annual Statement of Governance for the year to 5 April 2021. It explains the developments in running the Mastertrust over the past year and allows you see what we are working on over the next.

Things to consider if you are assessing Value For Money.


The Legal & General Mastertrust is the pension scheme that your employer has chosen for you and your colleagues to join.

Your scheme is run by trustees who are legally responsible for making sure that the Mastertrust's costs and charges give you good value for money. They act on your behalf by regularly assessing the trust's costs against a series of measures and work hard with Legal & General to make sure that all charges are fair and competitive.

The board of trustees is independent to both your employer and Legal & General.

Would you like to influence how your pension scheme is run? Find out more and apply now.

Legal & General has created a designated area on their website to provide access to information about COVID-19 and any effects on your pensions and investments.