you can choose to move your pension into drawdown. This will mean your pension may benefit from investment growth and you can choose to take money out of it when it suits you. There may be a charge for this. How much and how often you take money is up to you but when you’ve take...
If you’re under 18 you can’t set up a personal pension, but someone over 18 can set one up for you A Personal Pension is a flexible and tax-efficient way to save for your long-term future. The government tops it up by 25% and you can start and stop payments whenever you need ...
Pension plans generally can be divided into two categories: defined benefit plans and defined contribution plans. A defined benefit plan provides a set amount of benefits to a pensioner. Under a defined contribution plan, the employer places a certain amount of money in the employee's name into...
Legal & General is one of Europe’s leading asset management and insurance groups. Read more and discover how L&G protects people’s economic futures.
Legal & General is one of Europe’s leading asset management and insurance groups. Read more and discover how L&G protects people’s economic futures.
Finally, if you opt out of a workplace pension and after three years are still with the employer that set it up, they’ll automatically opt you back into it. They’ll write to you beforehand to let you know the details. You’re free to opt out again if you’d like to, thoug...
These results suggest that private markets could play an important role in delivering for DC savers that are just starting to enter the workplace and thinking about a pension for the first time.Rita Butler-Jones, Head of Defined Contribution, Legal & General: “Greater ...
they are a major international player in pension risk transfer, in UK and US life insurance, and in UK workplace pensions and retirement income. Legal & General’s purpose is to improve the lives of their customers, build a better society for the long-te...
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aTheir fund management arm, Legal & General Investment Management, is responsible for £320 billion of assets under management, with holdings accounting for over 4% of all London-listed equities (as at 30 June 2010) on behalf of their customers, and is also the UK's largest pension fund ...