STAKEHOLDER PENSION SCHEME (UK, N+ & Global staff) A Guide to the Stakeholder Pension Scheme

Size: px
Start display at page:

Download "STAKEHOLDER PENSION SCHEME (UK, N+ & Global staff) A Guide to the Stakeholder Pension Scheme"

Transcription

1 STAKEHOLDER PENSION SCHEME (UK, N+ & Global staff) A Guide to the Stakeholder Pension Scheme The Stakeholder scheme is a money purchase scheme - this means it does not offer guaranteed benefits related to your salary, the scheme is a money purchase pension arrangement, to which both employee and employer contribute. The size of the pension will depend upon how much has been paid into the plan and on investment returns. The Stakeholder Pension scheme is: Simple to Understand You build up a fund while you are working from which you draw an income when you retire. Low Cost Stakeholder pensions have a maximum charge of only 1% of the fund value each year. However, the Nurture scheme which Oxfam has adopted has a maximum charge of only 0.8% p.a. and this rate will reduce as you fund grows in size. Flexibile You can stop, start or change your contributions as often as you like with no penalty. Affordable You can start a stakeholder pension from as little as 20 per month even if you are not working. Tax Efficient All contributions to stakeholder pensions qualify for tax relief and all interest, dividends and capital gains that accrue to your fund are virtually tax free. Transferable If you want to move your stakeholder pension to another pension provider you can at any time with no penalties. Similarly you can move pension funds accumulated elsewhere to your Stakeholder pension although the ceding scheme may penalise you. Joining the Scheme You can join the Oxfam Nurture Scheme if you are under age 75 and resident* or ordinarily resident** in the UK. *Resident: if you are physically present in the UK for six months in a tax year, then you will be resident in the UK. **Ordinarily resident: if you are abroad only temporarily, or if you spend an average of three months a year in the UK for four years, you are treated as ordinarily resident. National Insurance Number Members of the Stakeholder Pension Scheme need to have a permanent National Insurance (NI) number. If after two years, the member does not have a NI number, Aviva will cancel their policy and return contributions to employee. Employees are advised to apply for a National Insurance number as soon as possible after joining the scheme. Your Contributions Your contributions are flexible, the amount you wish to contribute will be deducted as a % of your pensionable pay, subject to Inland Revenue restrictions. However, the actual cost to you is less because you get tax relief on your contributions. You may, if

2 you wish, increase your contributions in order to boost your retirement benefits. The minimum contribution is 2% for gross paid staff or 2.6% for net paid staff. What Can You Pay In? There are no limits on the amount that can be paid into a pension. Tax relief is only available on payments up to a certain amount. How does this affect me? The old rules on how much you could pay into your pension have gone. We will only accept payments from you which qualify for tax relief. Annual Allowance You'll be charged tax if payments to all your pensions exceed 215,000 in a year. This allowance will rise to 255,000 by 2010/2011. Lifetime Allowance You will be charged tax if the value of benefits from all your pensions is over a certain amount. This is called the lifetime allowance and will be 1.5 million in the tax year 2006/07. This amount will rise to 1.8 million by 2010/2011. Most people will be within this limit and don't need to do anything. If you expect to go over this limit you can protect your existing funds by registering with HM Revenue and Customs. Oxfam s Contributions Oxfam will double your specified contributions up to a maximum of 10% of your gross pensionable salary or 13% if you are paid a net pensionable salary. For example if you are gross paid and contribute 4%, then Oxfam will contribute 8%. If you contribute 5% then Oxfam will contribute 10%. If you are net paid and contribute 6.5% Oxfam will contribute 13%. This is not applicable to the staff members who are already Oxfam Final Salary Pension members. Tax Relief There will be tax relief on your payments up to: 3,600 a year for everyone living in the UK, if you have no earnings, or 100% of earnings as a UK tax payer, whichever is higher. There is a change to the way you make payments and get tax relief. You may be able to pay more into your plan, or start paying again if you've stopped. There is no limit to how many types of pensions you can have. Your contributions to the Stakeholder Pension are collected from your net salary. For example, if you are a basic rate taxpayer and you pay 78 ( 80 from the 5th April 2008) into the Stakeholder Pension the Inland Revenue will add 22 ( 20 from the 5th April) to this, so the total invested is 100. Even if you don't currently pay any tax, you will still benefit from this very valuable tax boost to your savings.

3 Higher rate tax relief isn't added to your pension fund, but instead, an adjustment will be made to your personal tax allowance. You will need to notify your local H M Inspector of Taxes. Total Pensionable Pay The following payroll elements count as pensionable pay: gross basic annual salary hard to fill allowance market supplement Hotspot Allowance other work (where the employee does more than one Oxfam job) Maternity pay (SMP and Oxfam Maternity Pay) Adoption Pay (SAP) Sick pay (SSP and Oxfam Sick Pay) Back pay on any of the above Pension contributions are also paid on Permanent Health Insurance benefits in the UK The following deductions will also have an impact on pensionable pay: overpayment incapacity benefit days lost (unpaid leave) Scheme Investment Funds The value of the investments in your pension fund before retirement can go down as well as up and is not guaranteed. You do not have to choose an investment fund unless you wish to do so. If you don t choose a fund, your contributions will be invested in the Stakeholder With-Profit Fund which has been chosen as Aviva s Default Investment Fund. Once you have joined the scheme you will be able to go on-line at any time and make any changes to your chosen funds as well as investigating the various Lifestyle Options available. With-Profit Fund (Default Investment Fund) The fund invests in a mix of assets, including company shares, property, government bonds, company bonds and deposits. The fund aims to provide Stakeholder With-Profit policyholders with a smoothed investment return. As a result of smoothing and guarantees, the investment risk is lower than that of many other ways of investing in company shares. Balanced Managed Fund The aim of the Balanced Managed Fund is to provide a good return through a combination of investment income* and capital growth. The fund invests in a wide range of assets to spread and control risk by using any of Aviva's other appropriate funds. The fund manager will decide the allocation of investments between different funds. The prospects for capital growth are generally good without significant exposure to extreme fluctuations in value. Sustainable Future Managed Fund The aim of the Sustainable Future Managed Fund is to provide a good return through a combination of

4 investment income and long-term capital growth. The fund invests in a wide range of assets to spread and control risk. All investments will be expected to conform to our social and environmental criteria. The potential for growth is high with a corresponding level of risk aiming to provide the greatest return over terms of more than five years. UK Index Tracking Fund This fund will invest in UK equities and futures with the objective of tracking the performance of the FTSE Actuaries All-Share Index (prior to the deduction of management fees and allowance for taxes and other expenses). The potential for growth is high with a corresponding level of risk aiming to provide the greatest return over terms of more than five years. Retirement Protection Fund The Retirement Protection Fund will invest in British Government fixed interest securities with a similar profile to that of the FTA Government over 15 year gilt index. The fund aims to track the performance of this index (prior to the deduction of management fees and allowance for taxes and other expenses). The fund is most suitable for terms up to ten years, with greater emphasis being put on security than on maximising potential return. Deposit Fund The Deposit Fund invests in deposit type instruments placed mainly with first-class banks and major UK companies. There is virtually no risk to capital, but returns are generally low. The fund is most suitable for terms up to five years. Transfer of Previous Pension Benefits into the Scheme Transferring funds from one Pension Plan to another can often involve a lengthy and complicated process. Staff should carefully consider the benefits they would be losing by effecting a Transfer, particularly if the funds originate from Final Salary Schemes. Regent Pensions Limited can help the member of staff make an informed choice and guide them through the procedure. HR should refer Staff to Regent Pensions Limited. Please note there may be a fee payable for this service. Maternity Leave Provided that you are paid during maternity leave, you will: Pay your normal percentage of pay contribution, but based on the pay you actually receive during maternity leave and Oxfam will continue to make employer contributions based on your normal salary. E.g. if you are gross paid and normally make a contribution of 5% you will pay 5% employee contributions on the maternity pay you receive and Oxfam will continue to make a contribution of 10% based on your normal salary before maternity leave for a maximum of 39 weeks. Absent from Work If you are receiving reduced or no pay, your contributions and Oxfam's contributions will reflect your change in salary. Approved leave of absence: unpaid leave is NOT pensionable unless before your leave your manager agrees that, exceptionally, your period of unpaid leave should be pensionable. In this case if you pay 5% employee contributions, Oxfam will pay a maximum total contribution of 10% of your gross pensionable salary or 13% of your net pensionable salary.

5 Divorce If your divorce proceedings start on or after 1 December 2000 the courts may order that your pension rights must be shared with your ex-spouse. Further Information can be obtained from Regent. Leaving the Scheme If you leave the Scheme, this will normally be because you change jobs. You may also leave the Scheme and continue to work for Oxfam. If you choose this option, you must give Oxfam one month s written notice, if at a later date you wish to rejoin the scheme you will need to contact HR. Rejoining the Scheme Staff who were members of the Stakeholder pension Scheme have the flexibility to cease paying into the scheme and then rejoining at a later date. Transfer of Your Benefits You may transfer your benefits to another pension arrangement (such as your new employer s pension scheme or to a personal pension plan) at any time after you leave the Scheme. Refund of Your Contributions Any contributions made to a stakeholder pension scheme cannot be refunded. Flexible Retirement In most cases members are able to take part of their pension whilst continuing to work and, should they wish to, accrue further pension benefits. Exceptions to this are ill-health retirements, and from 6 April 2010, those members with a Protected Pension Age (see Definitions ) who retire before age 55. Enquiries in the first instance should be directed to the Reward Team, Oxfam GB, Oxfam House. Note: This should not be confused with the right to have your pre-1 May 2002 benefits paid with no reduction from age 60. This option is also sometimes referred to as flexible retirement. Retirement Age Although a retirement age is selected at outset on the application, the member may draw the retirement benefits even if you choose to continue working, between the ages of 50 and 75. This age range will change to between 55 and 75 on 5/4/2010 (unless you have a "Protected Pension Age" see Definition - or you may be able to take benefits earlier if you are unable to work because of serious ill health). If the member is still employed by Oxfam at the time he/she decides to draw the benefits, the client should either contact Aviva directly or through Regent Pensions Limited for details of retirement options, having informed Oxfam HR of their intention to retire. HR should advise Payroll Department to make appropriate changes to the Schedule. See below for further details of retirement options and procedures.

6 Retirement Options Aviva will contact the member shortly before the selected retirement date. Provided the member wishes to draw benefits at that time, Aviva will provide details of the retirement options available. Under current legislation, up to 25% of the Fund may be taken as a tax free cash lump sum, with the balance of the fund used to provide an income in retirement. Aviva and Regent Pensions Limited will provide more information at the time. You no longer need to take all your benefits by the time you're 75 but after this age, you can only take benefits as income. If you want tax free cash you must take it before you're 75. The member is free to try to achieve a higher retirement income from other insurance companies with the funds available. The member should, therefore, be referred to Regent Pensions Limited to help with retirement planning. The retiring employee should be highlighted on the Schedule as leaving the Scheme in the normal way. Aviva will contact the member shortly before the originally selected retirement date. However, if the member does not wish to draw benefits at that time, a new retirement date should be selected and contributions will continue as before. The member should continue to appear on the Schedule, as before. Ill Health Retirement If you become seriously ill and are informed that you're likely to live for less than a year, you can take your whole fund as a lump sum. This is tax free provided the benefits are not greater than the Lifetime Allowance Small Pension Funds If your total pension funds are below a certain limit and you are taking benefits after you are 60, you may be able to take them all as a lump sum. The limit for the tax year 2006/07 is 15,000. There could be a tax charge. Pension Payment Pensions will be paid direct to your bank account, building society account or Giro account from the annuity provider. You will have the option to determine how often you receive your pension, e.g. monthly, quarterly, annually. Death Benefits In the event of your death, the value of your pension fund is payable as a tax free lump sum to your nominated beneficiary (you will be able to nominate beneficiaries on joining the scheme). In addition to this, you will be entitled to the Oxfam Life Assurance Death in Service benefit. The Committee The Committee acts as an advisory body to Oxfam s Corporate Management Team on pension matters, such as recommending pensions strategy and changes in the benefits structure. It recommends changes, monitors the applications of pension arrangements and Scheme finances, and reviews the performance of the scheme administrators. The Committee comprises a Chair appointed by CMT, an Oxfam

7 Trustee, the Human Resources and Finance Directors or their nominees, two staff representatives nominated by OJTUS and one pensioner representative. Scheme Approval The Oxfam Stakeholder scheme is managed by Aviva so you will benefit from the financial strength of the largest insurer in the UK with over 200 billion of funds under management. Aviva investment strategy is to use its financial strength to achieve superior long term growth. You have the freedom to select the Aviva Investment Funds to suit your needs or moral beliefs. Alternatively you can simply decide to leave the investment decisions to the specialists at Aviva and your contributions will go to the With Profits fund. The State Pension The State provides pensions on two levels: the basic State pension; and the additional State pension. The basic State pension is a flat rate pension and is based on your National Insurance contributions. It is payable from age 65, except that a lower age applies to women born before 6 April Before April 2002, the additional State pension was known as SERPS the State Earnings Related Pension Scheme. From April 2002, it is S2P the State second pension. Data Protection Act The Act is designed to give individuals rights and protection in respect of the use of personal data concerning them. Data Controller: as the Trustees employ their own staff, not third-party administrators, the Trustees are the data controllers for the purposes of the Act. Use of personal data: the data provided by individuals or their employers, or obtained with the consent of individuals, will be used by Aviva or its Actuary to calculate pension scheme benefits, eligibility for benefits and scheme valuation liabilities. Annual Report and Accounts: members receive a summarised version of the Annual Report and Accounts each year, but are entitled to the full version on request. Amendment or discontinuance: while Oxfam intends to continue the Scheme indefinitely it reserves the right to amend or discontinue the whole, or any part of it, at any time. However, no amendment will be made which will reduce the benefits you have built up to the date of the amendment. Complaints In the first instance, specific enquiries should be referred to the client manager who is responsible for your pension administration at Aviva. Complaints Procedure If you are dissatisfied you may at any time write to the Head of Customer Services who will attempt to resolve the issue.

8 If you fail to get satisfaction from the Head of Customer Services, you may request a formal resolution from the Chief Executive. A decision should be provided within two months of your formal request. If you remain unhappy or disagree with the formal resolution from the Chief Executive, within six months of the above you have the right to appeal to the Trustees. The result of your appeal should be provided within two months of your request. OPAS OPAS is available at any time to assist members and beneficiaries of the Scheme in connection with difficulties they have failed to resolve. The address is: OPAS The Pensions Advisory Service 11 Belgrave Road London SW1V 1RB Tel: Pensions Ombudsman The Pensions Ombudsman may investigate and determine any complaint or dispute of fact or law in relation to the Scheme where OPAS has not resolved the issue. The address is: The Pensions Ombudsman 11 Belgrave Road London SW1V 1RB Tel: OPRA The Occupational Pensions Regulatory Authority (OPRA) is able to intervene in the Scheme administration where Trustees, employers or professional advisers have failed in their duties. The address is: OPRA Invicta House Trafalgar Place, Brighton East Sussex BN1 4DW Tel: Tel: Definitions Normal Pension Age: is age 65. Protected Pension Age: members who joined the scheme before 6 April 2006 will have a Protected Pension Age of 50 from 6 April This will allow these members to retire from age 50 after 5 April 2010, but if they retire before age 55 they will be required to leave the employment to which the pension relates. Pensionable Salary: is your basic annual salary plus certain other allowances that are set out in Oxfam s policy and procedures manual. Deferred Pension: is the pension secured for you on leaving pensionable service and is payable on retirement. AVCs: Additional Voluntary Contributions (AVCs) is the name given to any contributions you pay above your normal contributions to the Scheme to secure extra benefits. Annual Allowance: the annual allowance came into effect on 6 April 2006 and is 215,000 for the tax year 2006/07, and will increase by 10,000 each year to 255,000 in 2010/11.

9 If the amount by which the value of your pension benefits increase in any one year (known as the input value explained below) exceeds the annual allowance, you will be liable for an annual allowance tax charge, even if your contributions are less than 100% of your earnings. This tax charge is payable (through self assessment) at 40% on any increase in benefits above the annual allowance. You will be responsible for reporting any excess growth on your annual tax selfassessment return and also for paying the annual allowance tax charge. If you are concerned about this we recommend that you seek independent financial advice. The Trust will, on request, supply you with information on the increase in the value of any pension rights held with us. Lifetime Allowance: Due to changes introduced by the Finance Act 2004, from 6 April 2006 each individual in the UK is allowed to accumulate pension benefits up to a value of 1.5m (the limit for the 2006/07 tax year) without incurring tax charges. You must also take into account the value of any pension benefits you have from previous pension arrangements in estimating whether you have scope to pay AVCs without any danger of breaching the Lifetime Allowance. If the Lifetime Allowance is exceeded a tax charge of 55% will be levied on the excess fund if the benefits are taken as a lump sum. If the excess benefits are taken as pension then a tax charge of 25% will be levied, as well as the usual income tax payable on the pension instalments. If you are concerned that your benefits from all sources may breach the Lifetime Allowance you should consult an Independent Financial Adviser as to your best course of action.

The Clerical Medical Staff Superannuation Fund SCHEME HANDBOOK

The Clerical Medical Staff Superannuation Fund SCHEME HANDBOOK The Clerical Medical Staff Superannuation Fund SCHEME HANDBOOK CONTENTS 1 Definitions 2 Membership 3 Contributions 4 Additional Voluntary Contributions (AVCs) 5 Tax relief 6 Retirement Benefits (including

More information

O P Q RETIREMENT & DEATH BENEFITS PLAN. For Employees of The OPQ Company MEMBERS' BOOKLET

O P Q RETIREMENT & DEATH BENEFITS PLAN. For Employees of The OPQ Company MEMBERS' BOOKLET O P Q RETIREMENT & DEATH BENEFITS PLAN For Employees of The OPQ Company MEMBERS' BOOKLET 2014 EDITION Reviewed January 2014 INTRODUCTION This booklet is an overview of the main benefits and conditions

More information

Network Rail CARE Pension Scheme

Network Rail CARE Pension Scheme Network Rail CARE Pension Scheme Your Member s Guide The bigger picture Jargon buster Additional Voluntary Contributions is the name given to any contributions you pay above your normal employee contributions

More information

THE HALIFAX RETIREMENT FUND MEMBERS' GUIDE

THE HALIFAX RETIREMENT FUND MEMBERS' GUIDE THE HALIFAX RETIREMENT FUND MEMBERS' GUIDE CONTENTS 1 Definitions 2 Membership 3 Contributions 4 Additional voluntary contributions (AVCs) 5 Tax relief 6 Retirement Benefits (including taking benefits

More information

Dover Harbour Board Pension and Life Assurance Scheme (1973) Your Guide

Dover Harbour Board Pension and Life Assurance Scheme (1973) Your Guide Dover Harbour Board Pension and Life Assurance Scheme (1973) Your Guide April 2014 Definitions Definitions The guide uses certain words that may need further explanation. These are shown below to help

More information

GLOBAL AEROSPACE UNDERWRITING MANAGERS PENSION SCHEME. Defined Contribution Section

GLOBAL AEROSPACE UNDERWRITING MANAGERS PENSION SCHEME. Defined Contribution Section GLOBAL AEROSPACE UNDERWRITING MANAGERS PENSION SCHEME Defined Contribution MEMBER'S HANDBOOK May 2012 CONTENTS Clause Page INTRODUCTION... 3 Explanation of terms and expressions used in this booklet...

More information

Merchant Navy Officers Pension Plan

Merchant Navy Officers Pension Plan MNPA merchant A4 20pp_v5_aw 19/9/07 17:31 Page 1 @ Your benefits explained September 2007 MNPA merchant A4 20pp_v5_aw 19/9/07 17:31 Page 2 @ 00/01 Contents 01 Some terms you need to know 00/01 Some terms

More information

The Local Government Pension Scheme

The Local Government Pension Scheme Rhondda Cynon Taf Pension Fund A Short Guide To The Local Government Pension Scheme Contents The Scheme 3 Retirement 5 The Benefits 7 Protection for your Family 9 Leavers without an immediate 10 entitlement

More information

THE XYZ Pension and Life Assurance Scheme. Members Booklet January 2014 Edition. For Employees of the XYZ Company

THE XYZ Pension and Life Assurance Scheme. Members Booklet January 2014 Edition. For Employees of the XYZ Company THE XYZ Pension and Life Assurance Scheme Members Booklet January 2014 Edition For Employees of the XYZ Company Reviewed January 2014 CONTENTS Page 3 INTRODUCTION 4 TERMS USED IN THIS BOOKLET 7 GENERAL

More information

CAMBRIDGE COLLEGES FEDERATED PENSION SCHEME A GUIDE FOR MEMBERS AT ST JOHN S COLLEGE

CAMBRIDGE COLLEGES FEDERATED PENSION SCHEME A GUIDE FOR MEMBERS AT ST JOHN S COLLEGE CAMBRIDGE COLLEGES FEDERATED PENSION SCHEME A GUIDE FOR MEMBERS AT ST JOHN S COLLEGE How the Scheme is run Why you should join State pensions Auto-enrolment Membership Cost Who can become a member? What

More information

CAMBRIDGE COLLEGES FEDERATED PENSION SCHEME A GUIDE FOR MEMBERS AT WOLFSON COLLEGE

CAMBRIDGE COLLEGES FEDERATED PENSION SCHEME A GUIDE FOR MEMBERS AT WOLFSON COLLEGE CAMBRIDGE COLLEGES FEDERATED PENSION SCHEME A GUIDE FOR MEMBERS AT WOLFSON COLLEGE How the Scheme is run Why you should join State pensions Auto-enrolment Membership Cost Who can become a member? What

More information

Superannuation and Life Assurance Scheme. Members booklet 2008

Superannuation and Life Assurance Scheme. Members booklet 2008 Superannuation and Life Assurance Scheme Members booklet 2008 Contents Member Booklet 2008 Contents Introduction 3 Definitions 4-5 Leaving pensionable service If you are a qualifying member 12 If you are

More information

Members booklet Defined Contribution Section Retirement Account (Applicable to those who are a member of the 100+ section)

Members booklet Defined Contribution Section Retirement Account (Applicable to those who are a member of the 100+ section) Members booklet Defined Contribution Section Retirement Account (Applicable to those who are a member of the 100+ section) From 1 October 2015 GKN Group Pension Scheme 2012 GKN Group Pension Scheme 2012

More information

The Local Government Pension Scheme (LGPS) in England and Wales

The Local Government Pension Scheme (LGPS) in England and Wales The Local Government Pension Scheme (LGPS) in England and Wales The Scheme This is a short description of the conditions of membership and main scheme benefits that apply under the LGPS. What kind of scheme

More information

Your Guide. to the Plumbing Industry Pension Scheme

Your Guide. to the Plumbing Industry Pension Scheme Your Guide to the Plumbing Industry Pension Scheme Plumbing and Mechanical Services (UK) Industry Pension Scheme 2 Contents 3 Introduction 4 Meaning of Words Used 5 Joining the Scheme 6 Cost of Membership

More information

NATS Defined Contribution Pension Scheme. Performance through Innovation

NATS Defined Contribution Pension Scheme. Performance through Innovation NATS Defined Contribution Pension Scheme Performance through Innovation 1 Introduction This Booklet is intended to explain the main details of the NATS Defined Contribution Pension Scheme the Scheme. It

More information

GENERAL DYNAMICS UNITED KINGDOM RETIREMENT AND DEATH BENEFIT SCHEME BOOKLET

GENERAL DYNAMICS UNITED KINGDOM RETIREMENT AND DEATH BENEFIT SCHEME BOOKLET GENERAL DYNAMICS UNITED KINGDOM RETIREMENT AND DEATH BENEFIT SCHEME BOOKLET May 2010 1 INTRODUCTION At a time when we are living longer and the State is reducing its commitment to provide pensions for

More information

Business Support Centre

Business Support Centre Business Support Centre A Guide to the Local Government Pension Scheme (LGPS) in England and Wales A Brief Guide This document is intended as a brief guide to new employees or employees considering membership

More information

Short guide to the Firefighters Pension Scheme (FPS)

Short guide to the Firefighters Pension Scheme (FPS) Short guide to the Firefighters Pension Scheme (FPS) May 2013 The Scheme This is a short description of the conditions of membership and main scheme benefits that apply if you pay into the Firefighters

More information

A Guide for Members who join on or after 1 January 2013

A Guide for Members who join on or after 1 January 2013 Business. Empowered. CAMBRIDGE & your pension benefits Cambridge University Assistants Contributory Pension Scheme (CPS) Hybrid Section Key information A Guide for Members who join on or after 1 January

More information

Elite Retirement Account TM

Elite Retirement Account TM Elite Retirement Account TM Key Features of the Elite Retirement Account The Elite Retirement Account (ERA) is a Self Invested Personal Pension (SIPP). A SIPP is a personal pension that allows you greater

More information

Beaufort Self Invested Personal Pension. Key Features Document

Beaufort Self Invested Personal Pension. Key Features Document Beaufort Self Invested Personal Pension Key Features Document Introduction The purpose of this document is to provide important information to help you to decide whether our SIPP is right for you. You

More information

Pay, benefits and time off. Nationwide Pension Fund

Pay, benefits and time off. Nationwide Pension Fund Pay, benefits and time off Nationwide Pension Fund Your CARE terms explained from 1 April 2011 Contents Page How to contact us 3 Introduction and key features 4 Terms you need to know 5 Contributing to

More information

The Plan for Your Future

The Plan for Your Future The TJX UK Pension Plan The Plan for Your Future Pension Booklet 2 P age Welcome to the TJX UK Pension Plan To look after your financial future, you need to take a little time out of your present. Setting

More information

STAKEHOLDER PENSION. KEY FEATURES. This is an important document that you should read and keep in a safe place. You may need to read it in future.

STAKEHOLDER PENSION. KEY FEATURES. This is an important document that you should read and keep in a safe place. You may need to read it in future. STAKEHOLDER PENSION KEY FEATURES. This is an important document that you should read and keep in a safe place. You may need to read it in future. 2 STAKEHOLDER PENSION KEY FEATURES USING THIS DOCUMENT.

More information

Scottish Housing Associations Pension Scheme. Member Guide for the Defined Contribution Scheme

Scottish Housing Associations Pension Scheme. Member Guide for the Defined Contribution Scheme Scottish Housing Associations Pension Scheme Member Guide for the Defined Contribution Scheme Welcome to The Pensions Trust The Pensions Trust is one of the leading workplace pension funds in the UK. As

More information

A brief guide to The Local Government Pension Scheme. Employees in England and Wales April 2011

A brief guide to The Local Government Pension Scheme. Employees in England and Wales April 2011 A brief guide to The Local Government Pension Scheme Employees in England and Wales April 2011 Highlights of the Local Government Pension Scheme (LGPS) The LGPS gives you: Secure benefits the scheme provides

More information

Key Features of the Local Government Additional Voluntary Contributions (AVC) Scheme for England & Wales

Key Features of the Local Government Additional Voluntary Contributions (AVC) Scheme for England & Wales Key Features of the Local Government Additional Voluntary Contributions (AVC) Scheme for England & Wales Important information you need to read The Financial Conduct Authority is an independent financial

More information

THE XYZ Pension and Life Assurance Scheme. Members Booklet April 2015 Edition. For Employees of the XYZ Company

THE XYZ Pension and Life Assurance Scheme. Members Booklet April 2015 Edition. For Employees of the XYZ Company THE XYZ Pension and Life Assurance Scheme Members Booklet April 2015 Edition For Employees of the XYZ Company Reviewed May 2015 1 CONTENTS Page 3 INTRODUCTION 4 TERMS USED IN THIS BOOKLET 8 GENERAL 9 CONTRIBUTIONS

More information

Important information. Key Features of the Teachers Additional Voluntary Contributions (AVC) Scheme

Important information. Key Features of the Teachers Additional Voluntary Contributions (AVC) Scheme Important information Key Features of the Teachers Additional Voluntary Contributions (AVC) Scheme > Contents About this booklet 4 About the Teachers AVC Scheme 5 Its aim 5 Your commitment 5 Risks 6 Questions

More information

Local Government Pension Scheme. Summary Guide - April 2010. Hertfordshire Pension Fund

Local Government Pension Scheme. Summary Guide - April 2010. Hertfordshire Pension Fund Local Government Pension Scheme Summary Guide - April 2010 Hertfordshire Pension Fund Local Government Pension Scheme Contents Page Number The Scheme 2 What do I pay? 4 Retirement 7 The Benefits 9 Protection

More information

Key Features of the NHS Additional Voluntary Contributions (AVC) Scheme

Key Features of the NHS Additional Voluntary Contributions (AVC) Scheme Key Features of the NHS Additional Voluntary Contributions (AVC) Scheme Important information you need to read The Financial Conduct Authority is a financial services regulator. It requires us, Prudential,

More information

Your guide to the Universities Superannuation Scheme

Your guide to the Universities Superannuation Scheme Your guide to the Universities Superannuation Scheme February 2016 02 Contents The document contains the following sections: Contents 02 About this guide 03 Your USS at a glance 04 Joining the scheme 05

More information

THE LOCAL GOVERNMENT PENSION SCHEME 2014. A guide for employees eligible to participate in the Staffordshire Pension Fund

THE LOCAL GOVERNMENT PENSION SCHEME 2014. A guide for employees eligible to participate in the Staffordshire Pension Fund THE LOCAL GOVERNMENT PENSION SCHEME 2014 A guide for employees eligible to participate in the Staffordshire Pension Fund 1 THE LOCAL GOVERNMENT PENSION SCHEME When people first take up employment, a pension

More information

A Short Guide to the LGPS The Local Government Pension Scheme (LGPS)

A Short Guide to the LGPS The Local Government Pension Scheme (LGPS) AVON PENSION FUND A Short Guide to the LGPS The Local Government Pension Scheme (LGPS) Highlights of the Local Government Pension Scheme (LGPS) The LGPS gives you: Secure benefits the scheme provides you

More information

KEY FEATURES OF THE OPENWORK PENSION ACCOUNT (SIPP)

KEY FEATURES OF THE OPENWORK PENSION ACCOUNT (SIPP) KEY FEATURES OF THE OPENWORK PENSION ACCOUNT (SIPP) 2 INTRODUCTION The Financial Conduct Authority is a financial services regulator. It requires us, Investment Funds Direct Limited (IFDL), to give you

More information

Guide for members. Final Salary section

Guide for members. Final Salary section Guide for members Final Salary section About this guide This guide summarises the benefits available under the Final Salary section of the Universities Superannuation Scheme (USS). Further detailed information

More information

your benefits in detail

your benefits in detail Booklet 2 BASF UK Group Pension Scheme (DC section) Your member guide your benefits in detail 1 October 2015 Inside this guide: Benefits when you retire 4 If you die in service 8 If you die after taking

More information

Key Features of the Prudential Personal Pension Scheme

Key Features of the Prudential Personal Pension Scheme Key Features of the Prudential Personal Pension Scheme Important information you need to read The Financial Conduct Authority is the independent financial services regulator. It requires us, Prudential,

More information

Important information. Key Features of the Flexible Retirement Plan (Personal Pension Plan with SIPP options)

Important information. Key Features of the Flexible Retirement Plan (Personal Pension Plan with SIPP options) Important information Key Features of the Flexible Retirement Plan (Personal Pension Plan with SIPP options) > Contents About this booklet 3 About our Flexible Retirement Plan 4 Who can take out a Flexible

More information

A guide for members RPS 60

A guide for members RPS 60 A guide for members RPS 60 Disclaimer The information provided in this guide is intended for general information and illustrative purposes. Your benefits will be worked out in accordance with and subject

More information

This way to more information

This way to more information Please keep this booklet safe This way to more information This Member Booklet will take you through what you need to know about The People s Pension For people, not profit Contents: Page Understanding

More information

The information contained in this guide has been prepared by NHS Pensions to assist scheme members and their spouses or civil partners.

The information contained in this guide has been prepared by NHS Pensions to assist scheme members and their spouses or civil partners. POD- TV74 POD- TV74 Guide Guide to pensions to pensions and divorce and divorce dissolution or dissolution of a registered of a registered civil partnership civil partnership 20150320 20150320 (V5) 1 (V5)

More information

Group Additional Voluntary Contributions Plan Key features

Group Additional Voluntary Contributions Plan Key features Group Additional Voluntary Contributions Plan Key features This is an important document. Please read it and keep for future reference. The Financial Conduct Authority is a financial services regulator.

More information

Onshore Bond for Wrap Key Features

Onshore Bond for Wrap Key Features Onshore Bond for Wrap Key Features This is an important document. Please read it and keep it along with your personal illustration for future reference. The Financial Conduct Authority is a financial services

More information

Key features of the Aviva Self Invested Personal Pension

Key features of the Aviva Self Invested Personal Pension Key features of the Aviva Self Invested Personal Pension Retirement Investments Insurance Health Key features of the Aviva Self Invested Personal Pension The Financial Conduct Authority is a financial

More information

KEY FEATURES OF THE NEW OPEN ANNUITY. www.londoncolonial.com

KEY FEATURES OF THE NEW OPEN ANNUITY. www.londoncolonial.com KEY FEATURES OF THE NEW OPEN www.londoncolonial.com New Open Annuity Take control of your pension Please note that the New Open Annuity is not appropriate for everybody and it is essential for prospective

More information

Secure benefits the scheme provides you with a future income, independent of share prices and stock market fluctuations.

Secure benefits the scheme provides you with a future income, independent of share prices and stock market fluctuations. A brief guide to the Local Government Pension Scheme (LGPS) Employees in England and Wales issued April 2015 Highlights of the LGPS The LGPS gives you: Secure benefits the scheme provides you with a future

More information

KEY FEATURES OF THE PHASED ANNUITY PLAN

KEY FEATURES OF THE PHASED ANNUITY PLAN KEY FEATURES OF THE PHASED ANNUITY PLAN The Financial Services Authority is the independent financial services regulator. It requires us, Friends Life Company Ltd, to give you this important information

More information

Key features of the Home Retail Group Personal Pension Plan

Key features of the Home Retail Group Personal Pension Plan Key features of the Home Retail Group Personal Pension Plan This is an important document which you should keep in a safe place. You may need to read it in future. Home Retail Group Personal Pension Plan

More information

Key Features. of the Suffolk Life SIPP (Deed Poll Scheme)

Key Features. of the Suffolk Life SIPP (Deed Poll Scheme) Key Features of the Suffolk Life SIPP (Deed Poll Scheme) This document is part of a set, all of which should be read together. Key Features Your Personal Illustration Schedule of Fees Schedule of Allowable

More information

KEY FEATURES OF THE CAREY PENSION SCHEME SIPP

KEY FEATURES OF THE CAREY PENSION SCHEME SIPP KEY FEATURES OF THE CAREY PENSION SCHEME SIPP The Financial Conduct Authority is a financial services regulator. It requires us, Carey Pensions UK, to give you this important information to help you decide

More information

Key Features Document

Key Features Document Keyfacts Key Features Document Transact Section 32 Buy Out Bond IntegraLife UK Limited A firm authorised and by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and

More information

KEY FEATURES OF YOUR BUYOUT BOND ILLUSTRATION KEY FEATURES. and Conditions, available from your financial adviser.

KEY FEATURES OF YOUR BUYOUT BOND ILLUSTRATION KEY FEATURES. and Conditions, available from your financial adviser. 00000 Old Mutual Wealth Life Assurance Limited is a provider of long-term life assurance. It is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and Prudential

More information

UCC Supplementary Life Assurance Scheme Member s Booklet

UCC Supplementary Life Assurance Scheme Member s Booklet UCC Supplementary Life Assurance Scheme Member s Booklet Sub-Title taking care of you... Introduction University College Cork (UCC) has established the UCC Supplementary Life Assurance Scheme (the Scheme)

More information

KEY FEATURES OF THE PERSONAL PENSION (TOP UP PLAN) Important information you need to read

KEY FEATURES OF THE PERSONAL PENSION (TOP UP PLAN) Important information you need to read KEY FEATURES OF THE PERSONAL PENSION (TOP UP PLAN) Important information you need to read THE FINANCIAL CONDUCT AUTHORITY IS A FINANCIAL SERVICES REGULATOR. IT REQUIRES US, SCOTTISH WIDOWS, TO GIVE YOU

More information

Key Features of the Ascentric Pension Account (SIPP)

Key Features of the Ascentric Pension Account (SIPP) Key Features of the Ascentric Pension Account (SIPP) Introduction The Financial Conduct Authority is a financial services regulator. It requires us, Investment Funds Direct Limited (IFDL), to give you

More information

Self Invested Personal Pension for Wrap Key Features

Self Invested Personal Pension for Wrap Key Features Self Invested Personal Pension for Wrap Key Features This is an important document. Please read it and keep for future reference. The Financial Conduct Authority is an independent financial services regulator.

More information

partnership pension account A guide to available benefits

partnership pension account A guide to available benefits partnership pension account A guide to available benefits Contents partnership pension account 3 Paying into your pension 4 Choosing your pension fund 8 How to open a partnership pension account 13 Leaving

More information

Welcome to NEST. All the key information you need about being a member of NEST

Welcome to NEST. All the key information you need about being a member of NEST Welcome to NEST All the key information you need about being a member of NEST 2 Please write your NEST ID here: You ll find this number on the letter that came with this booklet. Welcome to NEST Building

More information

The Police Pension Scheme 2015. Members Guide

The Police Pension Scheme 2015. Members Guide The Police Pension Scheme 2015 Members Guide 1 Contents 1. Introduction... 6 2. The Police Pension Scheme 2015 at a glance... 8 2.1 Key features... 8 2.2 Pension benefits for members... 8 2.3 Benefits

More information

G4S Personal Pension Plan Employee Guide

G4S Personal Pension Plan Employee Guide G4S Personal Pension Plan Employee Guide Expiry 05/04/16 Section Page number Introduction 1 Contacts 1 What the Plan can offer you 2 How does the Plan work? 3 Contribution levels 4 Contribution limits

More information

The Personal Range Key Features of the Individual Personal Pension

The Personal Range Key Features of the Individual Personal Pension The Personal Range Key Features of the Individual Personal Pension Reference MPEN11/A 04.16 The Financial Conduct Authority is a financial services regulator. It requires us, Friends Life and Pensions

More information

New Pension Arrangements for Staff in Grades 1 to 5 Information for Active PAS members

New Pension Arrangements for Staff in Grades 1 to 5 Information for Active PAS members New Pension Arrangements for Staff in Grades 1 to 5 Information for Active PAS members Gary Hague, Finance Office Steve Palmer, FriendsLife SPECIAL Introduction Following the recent consultation exercise

More information

Contents. Aims, commitments and risks. Questions and answers. Contributions. Transfers. Investments

Contents. Aims, commitments and risks. Questions and answers. Contributions. Transfers. Investments SIPP ISA Dealing Junior ISA SIPP key features The Financial Conduct Authority is the independent financial services regulator. It requires us, AJ Bell Management Limited, to give you this important information

More information

INVESTOR PORTFOLIO SERVICE (IPS) PORTFOLIO INVESTMENTS INVESTING WITH IPS.

INVESTOR PORTFOLIO SERVICE (IPS) PORTFOLIO INVESTMENTS INVESTING WITH IPS. INVESTOR PORTFOLIO SERVICE (IPS) PORTFOLIO INVESTMENTS INVESTING WITH IPS. This brochure tells you about investing in unit trusts, OEICs and ISAs with us, and supports the Key Investor Information Document.

More information

Key features of the Zurich Retirement Account

Key features of the Zurich Retirement Account Key features of the Zurich Retirement Account Helping you decide This important document gives you a summary of the Zurich Retirement Account. Please read this before you decide to invest, and keep it

More information

DB Personal Pension Plan

DB Personal Pension Plan Deutsche Bank Human Resources DB Personal Pension Plan Handbook for employees of DB Group Services (UK) Limited DB Personal Pension Plan Contents Introduction 4 What is the Group Personal Pension Flex?

More information

THE LOCAL GOVERNMENT PENSION SCHEME. Brief Guide to the Scheme

THE LOCAL GOVERNMENT PENSION SCHEME. Brief Guide to the Scheme THE LOCAL GOVERNMENT PENSION SCHEME Brief Guide to the Scheme THE LOCAL GOVERNMENT PENSION SCHEME (LGPS) SCOTLAND [Scottish version, April 2009] This Guide explains in brief the conditions of membership

More information

University of Limerick Income Continuance Plan

University of Limerick Income Continuance Plan University of Limerick Income Continuance Plan Introduction This explanatory booklet was produced by Willis Risk Services (Ireland) Limited and provides a brief outline only of the main benefits of the

More information

The Local Government Pension Scheme

The Local Government Pension Scheme The Local Government Pension Scheme A short guide Dorset County Pension Fund The Scheme The Local Government Pension Scheme (LGPS) is a tax approved, defined benefit occupational pension scheme. The benefits

More information

Terms of the Just Retirement Pension Annuity

Terms of the Just Retirement Pension Annuity 1. ABOUT THESE CONDITIONS 1.1 If you have any queries about the Policy Schedule or these Policy Conditions, please contact your ADVISERTYPE. 1.2 The Policy Schedule will show whether your Policy is a Lifetime

More information

Additional Voluntary Contributions (AVCs)

Additional Voluntary Contributions (AVCs) AVCs FINAL SALARY SECTION Important Note: With effect from 1st November 2015, no new Added Years AVC arrangements will be permitted. Existing contracts will not be affected by this change. Additional Voluntary

More information

Self Invested Personal Pension. Giving you control of your retirement funds through a wide range of investment choices.

Self Invested Personal Pension. Giving you control of your retirement funds through a wide range of investment choices. Self Invested Personal Pension Giving you control of your retirement funds through a wide range of investment choices. Capability. On every level. We re self invested pension specialists. With over 30

More information

Introduction...4 How to contact West Yorkshire Pension Fund...4

Introduction...4 How to contact West Yorkshire Pension Fund...4 1 The Index Page Introduction...4 How to contact West Yorkshire Pension Fund...4 The Choice Your Pensions Choice... 5 State Second Pension Scheme (S2P)... 5 Personal Pension Plans and Stakeholder Pension

More information

University College Dublin UCD Income Continuance Plan. Member s Booklet

University College Dublin UCD Income Continuance Plan. Member s Booklet University College Dublin UCD Income Continuance Plan Member s Booklet September 2014 2 UCD Income Continuance Plan INTRODUCTION This explanatory booklet was produced by Friends First and provides a brief

More information

Retirement Account Plan Key features

Retirement Account Plan Key features Retirement Account Plan Key features This is an important document. Please read it and keep for future reference. The Financial Conduct Authority is a financial services regulator. It requires us, Standard

More information

THE GREYFRIARS PREFERRED RETIREMENT ACCOUNT (GPRA) A SELF-INVESTED PERSONAL PENSION (SIPP) KEY FEATURES DOCUMENT

THE GREYFRIARS PREFERRED RETIREMENT ACCOUNT (GPRA) A SELF-INVESTED PERSONAL PENSION (SIPP) KEY FEATURES DOCUMENT 1. Introduction: Before you proceed with your SIPP we want you to be sure that you know what the decision will mean for you; what the plan is, how it works and what the risks are. This key features document

More information

Your classic pension benefits explained A guide to available benefits

Your classic pension benefits explained A guide to available benefits Your classic pension benefits explained A guide to available benefits Contents Introduction 3 Membership 4 Paying for your benefits 6 Boosting your pension 7 Leaving early 9 Leaving or opting out 9 Actuarially

More information

A GUIDE TO YOUR SCHEME SAVINGS

A GUIDE TO YOUR SCHEME SAVINGS A GUIDE TO YOUR SCHEME SAVINGS AGILENT TECHNOLOGIES LDA UK LIMITED PENSION SCHEME Contents Welcome 3 The Scheme at a glance 4 The big picture: know where to start 5 Joining 6 Tools and resources at your

More information

Pension Annuity. Key features

Pension Annuity. Key features Helping you decide The Financial Conduct Authority is a financial services regulator. It requires us to give you this important information to help you to decide whether our Pension Annuity is right for

More information

Pension Annuity. Key Features

Pension Annuity. Key Features Helping you decide The Financial Services Authority is the independent financial services regulator. It requires us to give you this important information to help you to decide whether our Pension Annuity

More information

A Guide to the Local Government Pension Scheme for Employees in England and Wales. Hampshire Pension Fund

A Guide to the Local Government Pension Scheme for Employees in England and Wales. Hampshire Pension Fund A Guide to the Local Government Pension Scheme for Employees in England and Wales Hampshire Pension Fund Employees in England and Wales April 2014 Index 1. About this Booklet 2. About the Local Government

More information

2013 No. 2356 PUBLIC SERVICE PENSIONS, ENGLAND AND WALES. The Local Government Pension Scheme Regulations 2013

2013 No. 2356 PUBLIC SERVICE PENSIONS, ENGLAND AND WALES. The Local Government Pension Scheme Regulations 2013 S T A T U T O R Y I N S T R U M E N T S 2013 No. 2356 PUBLIC SERVICE PENSIONS, ENGLAND AND WALES The Local Government Pension Scheme Regulations 2013 Made - - - - 12th September 2013 Laid before Parliament

More information

Voluntary Income Protection Plan Explanatory booklet. December, 2011

Voluntary Income Protection Plan Explanatory booklet. December, 2011 Voluntary Income Protection Plan Explanatory booklet December, 2011 This booklet is produced by Friends First and provides an overview of the benefits for members of the Voluntary Income Protection Plan

More information

Group Flexible Retirement Plan Key features

Group Flexible Retirement Plan Key features Group Flexible Retirement Plan Key features This is an important document. Please read it and keep it for future reference. Key features document: Pages 1 21 Terms and conditions for joining: Pages 22

More information

FUJITSU UK PENSION PLAN YOUR PLAN EXPLAINED. You re in good company

FUJITSU UK PENSION PLAN YOUR PLAN EXPLAINED. You re in good company FUJITSU UK PENSION PLAN YOUR PLAN EXPLAINED You re in good company Fujitsu UK Pension Plan CONTENTS YOUR PENSION PLAN 3 Introduces the plan and how to make it work for you. YOUR INVESTMENT CHOICES 4 Shows

More information

Welcome to the NHS Pension Scheme

Welcome to the NHS Pension Scheme Welcome to the NHS Pension Scheme From 1 April 2008 the NHS Pension Scheme was updated with additional provisions. If you are a member of the NHS Pension Scheme on and before 1 April 2008, you will continue

More information

INTERNAL DISPUTE RESOLUTION PROCEDURE

INTERNAL DISPUTE RESOLUTION PROCEDURE 1 INTERNAL DISPUTE RESOLUTION PROCEDURE Procedure for Resolving Disputes with the Trustees of Pace Introduction 1.1 PACE Trustees Ltd ( Pace Trustees ) is the Trustee of Pace and has set up the following

More information

Important information. Key Features of the Income Choice Annuity

Important information. Key Features of the Income Choice Annuity Important information Key Features of the Income Choice Annuity Important information The Financial Conduct Authority is a financial services regulator. Prudential is required to give you the important

More information

IMPORTANT DOCUMENT PLEASE READ WESLEYAN PERSONAL PENSION PLAN

IMPORTANT DOCUMENT PLEASE READ WESLEYAN PERSONAL PENSION PLAN IMPORTANT DOCUMENT PLEASE READ WESLEYAN PERSONAL PENSION PLAN 02 Wesleyan Personal Pension Plan KEY FEATURES OF THE WESLEYAN PERSONAL PENSION PLAN The Financial Conduct Authority is a financial services

More information

CIVIL SERVICE PENSIONS IMPORTANT UPDATES. Index linking. Pensions tax relief

CIVIL SERVICE PENSIONS IMPORTANT UPDATES. Index linking. Pensions tax relief CIVIL SERVICE PENSIONS IMPORTANT UPDATES Index linking Please note that Civil Service pensions will be index linked according to the Consumer Prices Index (CPI) from April 2011. Instead of the Retail Prices

More information

Your pension choices explained

Your pension choices explained YOUR pension YOUR future YOUR way YOUR pension YOUR future YOUR way Your pension choices explained It s YOUR journey It s YOUR choice Does your future look expensive? Three different ways to save for your

More information

Ceridian Futures Retirement Plan

Ceridian Futures Retirement Plan Ceridian Futures Retirement Plan Summary of Benefits Summary of Benefits Ceridian Futures Retirement Plan 1 Summary of Benefits Introduction Who is eligible? How the Plan works Contributions The Ceridian

More information

A guide to pension tax

A guide to pension tax A guide to pension tax Footer info Zurich Blue 2 or White Contents About this guide 3 Tax treatment of payments 4 Eligibility to receive tax relief on payments Tax relief on payments made to pension schemes

More information

POLICY CONDITIONS Conductor Personal Pension Plan (PC CPPP 06/11)

POLICY CONDITIONS Conductor Personal Pension Plan (PC CPPP 06/11) POLICY CONDITIONS Conductor Personal Pension Plan (PC CPPP 06/11) Section 1 Section 2 Section 3 Section 4 Section 5 Section 6 Contract and definitions Contributions The funds Unit linking Benefits General

More information

Guidance for employers on stakeholder pensions

Guidance for employers on stakeholder pensions Guidance for employers on stakeholder pensions Introduction The 'Welfare Reform and Pensions Act 1999' requires employers to offer their relevant employees access to a stakeholder pension scheme, unless

More information

SCHEME GUIDE NHS Pension Scheme. Pensions

SCHEME GUIDE NHS Pension Scheme. Pensions SCHEME GUIDE NHS Pension Scheme Pensions Introduction Welcome to the member guide to the NHS Pension Scheme (the Scheme), the pension scheme for NHS workers. The term NHS worker includes people directly

More information

Transferring your pension

Transferring your pension April 2014 Contact Details We can be contacted at: The Pensions Advisory Service 11 Belgrave Road London SW1V 1RB Helpline 0845 601 2923 General Office 020 7630 2250 Fax 020 7592 7000 For enquiries, please

More information