We want you to get the most out of your pension savings so that you achieve the future you want. So as part of Pensions Awareness Week (11 - 15 September), we’re helping you to get to know your pension.
We know pensions can be a little complicated, but we’re here to help guide you along the way.
You’re in a defined contribution (DC) pension scheme. This means that every month you and your employer pay money into a pension pot during your time with them, building up savings that you can use in later life.
Your contributions are then invested with the aim of growing your money until you decide to take your pension savings.
Check out our short interactive video quiz to help picture your lifestyle in retirement, and get an idea of how much you’ll need to pay for that lifestyle.
You can keep track of your pension, make changes to how much you’re paying in, add and update your beneficiaries and more, all through your Retirement Savings Account (you’ll need to register if you haven’t already).
It's important to check on your pension savings every now and again to help you stay on track with your saving goals.
A new job often means a new pension, which means you might have a few pension pots dotted around from previous job roles. It might be worth thinking about combining your different pensions in one place so they’re easier to keep track of.
If it’s something you’re interested in, weigh your options up and see if it’s right for you. Here’s more information about combining pensions, with a list of the essential questions you’ll need to ask yourself.
Whether you are approaching retirement or starting your career, we know that there can be a lot to think about when it comes to your pension and it's not always clear where to begin. With this in mind, we've created a series of short video guides, designed to take you through the basics of your TPT pension, including how it works, how to get started, and what to do when you're getting close to your target retirement age.
These videos guides are split into three series, depending on how far along you are on your retirement journey: early career, mid-career or planning for your retirement. Simply click on the series that best describes you to get started.
We also run online pension planning webinars, delivered by our expert partners Origen Financial Services. To sign up the next sessions, click here.
If you’d like to learn more about your pension, you can also sign up to watch a range of free online shows running throughout Pension Awareness Week. From 11 - 15 September, you’ll be able to watch shows on key topics like combining your pension pots and explaining the new State Pension. Sign up here.