Why start now?

You might think you’ve got ages to start paying into a pension plan. But it’s best to begin right away. By delaying just a little you could lose out a lot.

The sooner you get started, the sooner you’ll start receiving tax relief from the government – and any contributions your employer adds. Plus, your pension pot will have longer to potentially grow in value.

Tax benefits are subject to change, interpretation and depend on the individuals circumstance.

It’s also true that if you leave it until later, you’ll probably have to pay in more to afford the retirement you want.

Left things a little late?

Don’t worry too much if you’ve left it till later to start paying into a pension plan. No matter when you start, you could still benefit when you retire. Plus there are things you can do to give your pension pot a boost.

The value of the pension pot can fall as well as rise and could be less than invested.

Won’t the state pension be enough?

It depends on your situation. At the moment the full new State Pension is £159.55 a week. The amount you get may well be different and depends on your National Insurance record.

WC03103 04/2017

Important Information

Please take the time to read the essential guide to your scheme, which includes the key features and terms and conditions.

For your Company Pension

Your company pension scheme

For your Company Stakeholder Pension

Your company stakeholder pension scheme

Will you be auto-enrolled?

Millions of us are being automatically enrolled into pension plans. Are you?

Calculate your retirement income

Use our calculator to see how much you might get when you retire.

My budget planner

Do you know how much you’re spending each month compared to your income? This planner can help you find out.