We’re one of the UK’s leading workplace pension providers, managing over 14,000 pension schemes for around 2.8 million members on behalf of all types of companies – from the biggest household names to small and medium-sized businesses alike.
Competitive, modern workplace pensions
Our size and scale enables us to offer a range of high-quality trust and contract-based workplace pension products with very competitive annual management fees. The flexibility of our products also provides scheme members with access to the full range of pension freedoms. We manage each scheme with the latest regulations in mind – so, every employer receives the reassurance that its employees are accessing a modern, well-governed pension scheme.
Auto enrolment pension schemes
Our pension products comply with the government’s automatic enrolment requirements – whereby every business has to put certain employees into a pension scheme and contribute on their behalf. We also provide a range of tools and services to help make auto enrolment easier for you and your employees.
Wide range of investment options
With us, scheme members enjoy access to over a hundred different investment funds from leading fund managers. To make investment decisions easier for your employees, we also offer our Pathway Funds (also known as target date funds) and lifestyle profiles. We can also provide an investment-only solution for companies that want to retain an existing pension scheme with another provider.
Member communications and engagement
One key measure of success for any workplace pension is the engagement from employees.
For a scheme to be successful, employees must fully understand and engage with their workplace pension. We help companies achieve good engagement right from the start, when setting up a new scheme and throughout the journey to retirement with a range of member facing communications including online tools, scheme websites, personalised videos and annual pension benefit statements.
Seamless implementation and scheme transfers
Our service and support is designed to make setting up a new workplace pension scheme seamless. From assistance in winding up an old scheme through to transferring the assets across from another provider, our experienced team is on hand to make the transition hassle-free.
Easy online administration and ongoing management
Most aspects of managing a workplace pension scheme can be performed on our ‘Manage Your Scheme’ system. This is an online pension administration service designed to make it simple for employers to administer a workplace pension. Among other things, it enables employers to manage employee data and contributions, carry out automatic enrolment eligibility assessments and monitor the scheme and its investment options.
Supporting your employees financial health
Good financial health and wellbeing can pay dividends for your business as well as your employees
Beating the January blues and beyond
Find out how our Employee Assistance Programme (EAP) can support the wellbeing of your employees.
Exclusive discounts with Umbrella Benefits
We’re pleased to introduce our new Umbrella Benefits discounts scheme, which enables your employees to qualify for discounted Legal & General products.
Not A Red Card
Visit our Not A Red Card website to access a range of free resources including articles, blogs and videos on improving mental health in the workplace.
Group life assurance
A lump sum benefit that is normally paid tax free up to the lifetime allowance or as a dependants pension, or both when an insured employee dies in service.
Group income protection
Provides an income when an insured employee is unable to work long term due to illness or injury. Where appropriate, we can provide early intervention and rehabilitation.
Group critical illness cover
A tax-free cash lump sum if your employee has been diagnosed with a specified serious illness or condition.
Flexible and voluntary benefits
Flexible and voluntary benefit arrangements help allow you to offer a range of benefits valued by your employees, which may also reflect your organisation’s culture.