April 3rd, 2023
Legal and General are introducing a new retirement service for Workplace members, providing independent retirement advice for members approaching, at and in retirement.
Delivered by an in-house Legal & General Financial Advice team, services will be highlighted for members at key touch points throughout their retirement planning journey.
Information will be presented to members in digital and print format and via our Member Helpline teams.
Getting financial advice can benefit members in many ways, including:
A new simplified annual benefit statement will be issued towards the end of April.
For more information, visit the Legal and General CRSP pages.
In addition to preparing for a different stage of life there are other benefits of paying into the university pension, including:
Furthermore, as an active member of CRSP, if you die before retiring there is a death benefit of 5.5 times your salary in addition to the money in the pension scheme.
Visit our pension pages to find more information including details of how to update your wishes in respect of death benefits payable to your loved ones. There are frequently asked questions and links to each scheme’s website.
Tags: CRSP, CRSP scheme, pensions
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