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Who looks after my savings?

We have chosen Legal & General to administer and invest money in the Tesco Retirement Savings Plan.

Who are Legal & General?

Established in 1836, Legal & General is one of the UK’s leading financial services groups and a major global investor, with international businesses in North America, Europe, Middle East and Asia. With almost £1.2 trillion in total assets under management at 31 December 2019, we are the UK’s largest investment manager for corporate pension schemes and a leading global provider of pensions de-risking solutions, life insurance, workplace pensions and retirement income.

As part of our commitment to inclusive capitalism and building a better society for all, we have invested over £25 billion in direct investments such as homes, urban regeneration, clean energy and small business finance.

Who are the Trustees?

The Mastertrust is a Registered Pension Scheme set up under trust. The current Trustees are Legal & General Trustees Limited, Law Debenture, 2020 Trustees and BESTrustees plc. The Trustees have appointed Legal & General Assurance Society Limited to administer the Scheme on their behalf. The role of the trustees includes monitoring investment suitability and performance, monitoring administration standards and acting in the best interests of members.

If you have any questions or would like more information contact us

By writing to
Tesco Retirement Savings Plan
Workplace Savings
PO Box 1560

Please make sure you include your full name, date of birth, National Insurance number, and member number on the letter.

Or by calling 0345 070 0090.