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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 .
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 ...
On 15 January 2016 it was announced that Curtis Banks Group plc - another SIPP provider - was to acquire Suffolk Life from Legal & General for £45 million. The acquisition completed on 25 May 2016. [10] Subsequently, Suffolk Life acquired SIPP provider EPML (European Pensions Management Limited) from special administration on 15 July 2016. [11]
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.
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 .
[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]
In 2016 LPFA created the Local Pensions Partnership in collaboration with Lancashire County Pension Fund [2] to pool resources and improve management for the benefit of their members and employers. The LPP was set up to be open to other Local Government Pension Scheme and public sector funds in the UK. [3] [4]
The Office for administration and payment of individual entitlements, also known as the Paymaster's Office or PMO is a central office of the European Commission.. The PMO's mission is to manage the financial rights of permanent, temporary and contractual staff working at the Commission, to calculate and to pay their salaries and other financial entitlements.
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