TITLE

L&G plans to join master trust trend

AUTHOR(S)
Pow, Helen
PUB. DATE
September 2009
SOURCE
Money Marketing;9/3/2009, p1
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports on the plan of Legal & General Group PLC to enter into the multi-employer trust-based pension market and follow Xafinity's footsteps in Great Britain. It mentions that the firm affirms that auto-enrolment will make occupational schemes more appealing to clients than contract-based group personal pensions since they take into account contribution refunds. It further provides the views of several pension analysts regarding the move to launch master trusts.
ACCESSION #
44384107

 

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