20 Feb 2019
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.
To read the full press release, please download via the link below
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.
Emma Douglas, Head of Defined Contribution at Legal & General Investment Management