LGIM launches financial wellbeing platform for DC members
Legal & General Investment Management (LGIM) has launched a financial wellbeing platform for Defined Contribution (DC) pension scheme members to help people feel financially confident now and in the future.
The Financial Wellbeing hub provides practical tools and information around four key themes to help members feel better about their finances:
- How to control day to day spending
- Prepare for unexpected expenses
- Maintain a regular disposable income
- Prepare for future life milestones including retirement, buying a house, having a family and savings
LGIM piloted the Financial Wellbeing hub with two existing schemes, undertaking in depth user experience research sessions and working with employer user groups to refine the platform.
Emma Douglas, Head of Defined Contribution at Legal & General Investment Management:"Helping people to save for retirement is top of our agenda at LGIM, but we appreciate that short-term money worries take priority over long-term savings for most people. Our hub is aimed at helping members tackle money worries head on."
Further information
Andrew Gates
Head of External Communications, Asset Management
Notes to editors
Established in 1836, L&G is one of the UK's leading financial services groups and a major global investor, with £1.2 trillion in total assets under management (as at FY25) of which c. 43% (c. £0.5 trillion) is international. We have a highly synergistic business model, which continues to drive strong returns. We are a leading player in Institutional Retirement, in Retail Savings and Protection, and in Asset Management through both public and private markets. Across the Group, we are committed to responsible investing and dedicated to serving the long-term savings and investment needs of customers and society.