What is a defined benefit pension?

Question mark icon

A defined benefit pension offers you a set benefit each year after you retire. This is usually based on the number of years that you worked for your employer and your salary while working. Sometimes this is your final salary, and sometimes an average of your salary over your career. How much retirement income you might receive is determined by the rules of the pension scheme, rather than the amount you’ve paid in plus any growth over time.

Consumer Duty

The Financial Conduct Authority has introduced a regulation, aiming to ensure good outcomes for consumers.

Two women chatting and laughing while walking

Frequently asked questions

Man looking at laptop

Find out answers to some of the most common queries we receive.

BBC Gardeners’ World Live

Birmingham NEC, 13 – 16 June 2024

Bright yellow flower

We are excited to be returning to BBC Gardeners’ World Live for a fifth time this year. Legal & General customers can enjoy 15% off the full price of adult and over-65s tickets*. You are very welcome to join us at our dedicated retirement lounge to meet our team in person.

*Terms and conditions apply. Valid until Thursday 16 May 2024.

Call centre worker on the phone

Get in touch

If you’re contacting us by email, please remember not to send any personal, financial or banking information because email is not a secure method of communication.