Legal & General Mastertrust surpasses £5 billion in AUM
4 Jul 2018
Legal & General announces that its Mastertrust has surpassed £5 billion in assets under management.
A master trust allows employers to outsource the governance, investment and administration of their DC pensions schemes. Legal & General is one of the largest and fastest growing providers of master trusts, with a range of investment and retirement solutions and the underlying technology required to meet the needs of members throughout their entire DC journey.
Emma Douglas, Head of DC at Legal & General Investment Management (LGIM), said: “Even the biggest schemes have constrained resources. The master trust route allows employers to focus on other priorities, such as member engagement, and to feel confident that the governance of their scheme is in good hands."
Full press release is available via the link below.
We are delighted to have reached this significant milestone. As one of the biggest providers of workplace benefits in the UK we understand, through experience, what it takes to build a successful pension plan.