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Legal & General Group plc, commonly known as Legal & General, is a British multinational financial services and asset management company headquartered in London, England. Its products and services include investment management , lifetime mortgages (a form of equity release ), pensions , annuities, and life assurance .
Suffolk Life was a British pensions administrator based in Ipswich, Suffolk. It mainly provided the administration of self-invested personal pensions (SIPPs), and personal pensions for private funds and self-invested funds of third party providers. Suffolk Life was a non-advice pension provider and was well known for commercial property expertise.
Smart Pension is a pensions and retirement technology business, delivering pensions technology platforms in partnership with other financial institutions, [1] and running a defined contribution master trust pension scheme setup for employers to enrol employees in a workplace pension scheme.
A letter sent to Canadian pensioners in July 2011 from the Nortel pension administrator Morneau Shepell announced that pensioners in Canada would have their benefits cut. A webinar held by the legal firm Koskie Minsky on July 22, 2010, addressed some of the questions raised. [19] The windup of the $5 billion Nortel pension plan began in October ...
Military pensions often provide a source of retirement income for military veterans. Service members who have served for a certain number of years, usually 20, are eligible for retirement pay .
The Local Government Pension Scheme (LGPS) is one of the largest public sector pension schemes in the United Kingdom, with 6.4 million members from 15,000 employers. [1] It is a defined benefit pension plan. Administration is carried out through 89 [2] regional pension funds such as Greater Manchester Pension Fund and London Pensions Fund ...
[7] [9] The pension gap is particularly stark in areas of work which are traditionally female dominated. [7] Research using data from Legal and General pension scheme members in the UK showed a typical gender pension gap of 56% at retirement. [9] The gap impacts single women (and single mothers) more than those who are married . [10]
The Pensions and Lifetime Savings Association represents 1,300 pension funds which together provide pensions for 22 million people and have more than £1000 billion of assets. [2] Members' pension schemes include defined benefit, defined contribution, group personal pensions and statutory schemes such as those in local government.