View more on these topics

L&G enhances corporate platform

Legal and General is launching an employer-financed retirement benefit scheme on its corporate platform.

The WorkSave platform, which currently offers employees a group Sipp and from March a group regular contribution Isa, will be adding the EFRBS for high-net worth employees.

L&G says it will also offer a cash Isa to compliment its group Sipp, though a launch date has not yet been set.

The benefit scheme will be targeted at high-net worth employees as a way of increasing their pension fund without being subject to a tax charge on the contributions.

Managing director of workplace savings Tony Filbin says: “The real questions now for high earners is how will they be impacted by the anti-forestalling legislation. The employee will not be hit in the same way in terms of contributions as if they would be through ordinary pension provision. This is a potential solution for high earners. We are looking at adding other product wrappers on there to help them.”



Margin for error

Regulatory Legal partner Gareth Fatchett says the network model is a busted flush.

Generation Rent

By Denise Wond, marketing manager We’ve heard a great deal about Generation Rent in recent years but what does it actually mean for consumers and advisers and has the face of the typical renter changed? The picture is certainly more diverse than it used to be. Homeownership is at its lowest point in 30 years, […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment