Legal & General secures £2.45 billion Royal Mail pension mandate

Bitget2026/10/27 14:16

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Legal & General secured a £2.45 billion mandate as the Royal Mail Defined Contribution Plan's Mastertrust provider on October 27, 2026.
The completed transfer covers close to 100,000 deferred pension members, marking the largest UK DC Mastertrust transition to date.
Lifetime Advantage Funds will be the plan's default investment strategy, targeting a 15% allocation to private markets during the growth phase.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Legal & General Group plc published the original content used to generate this news brief on October 27, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Legal & General secures £2.45 billion Royal Mail pension mandate

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