The BAM UK WorkSave Pension Plan is a group personal pension plan (GPP) administered by Legal & General.
Below are links to important scheme documents, details of the scheme governance process and access to Legal & General’s dedicated BAM UK WorkSave Pension Plan minisite.
Legal & General minisite
Below is a link to Legal & General’s dedicated BAM UK WorkSave Pension Plan minisite.
At this minisite, you can find further important information about the scheme, including fund information, and also access your personal plan online through the ‘Manage your account’ button.
www.landg.com/bamukworksavepensionplan
The benefits of Manage your account
The benefits of Manage your account – Video
Scheme documents
Below are links to the scheme guide providing information about the BAM UK WorkSave Pension Plan.
You can also find a link to the Legal & General nomination form, referred to in the guide, which you should print, complete and return to Legal & General.
If you want to opt in to the pension scheme or amend contributions you should speak with your HR department.
You can also find a link to the Legal & General nomination form, referred to in the guide, which you can print, complete and return to Legal & General. However, it is also possible to process your nomination more efficiently online using the above listed BAM UK WorkSave Pension Plan minisite.
To explain more about the importance of the nomination form Legal & General have created the following short video.
New pension scheme documents – 1 June 2018
The following documents are with regards to the switch from the Legal & General Stakeholder to the newer Workplace plan with effect from 1 June 2018.
BAM Nuttall Pension default fund change letter.pdf
BAM Nuttall additional member categories information.pdf
BAM Nuttall Frequently Asked Questions.pdf
Legal & General fund centre
A link to the new fund centre for members is below:
https://fundcentres.lgim.com/uk/workplace-employee/select-product
The fund centre shows the various products such as Stakeholder for the previous scheme and the Worksave Pension (Generation 3) for the new scheme.
Pension transfer
Please use the following link if you are looking to transfer an existing pension into your policy within the BAM UK WorkSave Pension Plan.
Annual statements
Legal & General will send you an annual benefit statement around the end of September each year. You can find a guide to understanding your annual statement below.
Understanding your pension benefit statement
Annual and Lifetime Allowance changes
Within the below link is information that covers a range of pension and retirement saving topics. This includes annual and lifetime allowances and their possible impact on you.
Scheme governance
BAM has set up a governance committee to make sure that the BAM UK WorkSave Pension Plan is well run and follows best practice guidelines.
The committee meets every six months, with BAM’s pension advisers and, as and when required, Legal General.
You can find out more information about the governance committee below.
Committee members
The governance committee members are:
| Jo Pottinger | BAM Construct |
| Bettyann Paul | BAM UK&I |
| Matthew Brogan | BAM Construct |
| Bhop Kang | BAM Nuttall |
| Jane Rostant | BAM Nuttall |
| Rebecca Frewin | BAM UK&I |
| Richard Reddell | BAM Nuttall |
| Helen Wood | BAM UK&I |
The below link details the history the BAM pension scheme and how it has changed between November 2010 and December 2018: