L&G Master Trust AUM surpass £20bn

Master trust’s AUM increased by 67% over the last two years

Martin Richmond
clock • 1 min read
Murphy: "Our ambition is to continue improving retirement outcomes and financial wellbeing for members"
Image:

Murphy: "Our ambition is to continue improving retirement outcomes and financial wellbeing for members"

The Legal & General (L&G) Master Trust’s assets under management (AUM) have exceeded £20bn, becoming the first commercial master trust to do so.

The master trust, which was set up a decade ago, has seen its AUM increase by 67% over the last two years. In addition, the number of participating employers increased by 53%, with a 50% increase i...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

Schemes keen for BPA insurers to offer improved communications, Aon finds

Schemes keen for BPA insurers to offer improved communications, Aon finds

Firm says trend for bulk annuity insurers to offer improved comms will continue into 2025

Holly Roach
clock 11 December 2024 • 2 min read
SPP: Use tax incentives to encourage greater pension scheme investment in UK

SPP: Use tax incentives to encourage greater pension scheme investment in UK

Survey finds 44% say offering schemes incentives could boost UK productive asset investment

Martin Richmond
clock 11 December 2024 • 1 min read
Trustee Sustainability Working Group launched in bid to accelerate change

Trustee Sustainability Working Group launched in bid to accelerate change

Committee aims to be ‘action orientated’ and plans early focus on climate change

Jonathan Stapleton
clock 11 December 2024 • 2 min read
Trustpilot