L&G Mastertrust Pension Access Scheme

The Plan offers a drawdown transfer option with Legal & General to make the process of transferring to a drawdown arrangement smoother for our members. The Trustee has selected and pre-checked the L&G Mastertrust Pension Access Scheme from a range of options. This is a defined contribution pension scheme, which, like our Plan, is managed by a board of trustees who are legally bound to look after your money.

HOW IT WORKS
You can choose for your pension fund to be transferred from the Plan and paid into the L&G Mastertrust Pension Access Scheme. As part of our arrangement with L&G, our Plan members are offered customised terms at a competitive rate. This could be for you if you’re thinking about investing in a drawdown arrangement to access your Plan savings but don’t want to choose a different provider from the market.