We are the largest pension fund manager by assets in the UK1. Legal & General uses its size and scale to keep improving the products and services we provide so we can support you in helping your employees plan for better retirements. On this page you’ll find an overview of some of our key features.
Below is a timeline of some highlights in the development of our defined contribution workplace pension business:
Service excellence
We may be the biggest pension fund manager in the UK by assets1, with the largest commercial master trust2, but we see each client and their needs as individual cases.
Our size means we have the capabilities that allow us to cater to more specific requirements, tapping into the wide range of expertise in our DC business.
Scale and innovation
Our size, scale and breadth of expertise enable us to keep innovating and we’re constantly working to enhance and evolve our products and services to respond to you and your members’ needs.
And it isn’t only our own schemes that benefit from our scale. Our size and influence give us a say in shaping pensions policy in the UK. For instance, we work with The Pensions Regulator and other government and industry bodies to contribute to the national debate on the future of DC pensions provision for all.
Making positive change
At Legal & General, we’re committed to building a better society while improving the lives of our customers and creating value for shareholders. We call this inclusive capitalism.
Building strong partnerships with our clients is essential in helping us promote the benefits of inclusive capitalism. We’re proud to work with businesses that share our vision of distributing the benefits of economic growth as broadly as possible so that, together, we can make a positive difference to our world.
Legal & General Mastertrust
See the Legal & General Mastertrust website for information on the trustees, their governance policies and investment strategies.
Independent Governance Committee (IGC)
Read about the responsibilities of the ICG, view its latest annual report, and find out more about the IGC members and the work they do.
News and insights
Read the latest news and analysis from our experts on what’s happening with pensions and investment strategies. You can also access podcasts where we discuss issues affecting retirement planning.
1 Broadridge, UK Defined Contribution and Retirement Income report 2021. 2021 UK DC Assets: £515 billion.
2 As at 31 January 2023, the Legal & General Master Trust had 275 participating employers and over 1.8 million members; Legal & General press release 23 February 2023
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