Skip to main content

Dermot Courtier.jpgChair’s statement

Welcome to our Annual Statement of Governance for the year to 5 April 2019. We’re delighted to share the progress that has been made during the year, and to have the opportunity to share our plans with you for the year ahead.

The statement, which is effectively our annual “report card” on the Mastertrust, is designed to help you judge how well the Mastertrust is performing. The law requires us to produce this report on an annual basis, but we also believe it is an important document which will help you to have confidence in your pension savings.


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 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.

About your trustees

The board of trustees is independent of both your employer and Legal & General. Find out more about the trustees.