Four animations about the key changes
There are some changes to your pension. There’s no need to worry, but it’s worth knowing about. We explain the key changes in four short animations. They’re clear and take just a few minutes per topic. Choose below where you’d like to start.
1. Accumulating and transferring
How do you accrue pension under the new scheme? And what happens to the pension you have already accrued? This is known as ‘transferring’. This animation shows you how it works.
(turn on the sound)
2. Choices
Under the new scheme, you have more options. For example, you can choose how your pension savings are invested and what happens around your retirement date. What exactly are your options? Watch the animation.
(turn on the sound)
3. Pension payments after retirement
How much pension will you receive? And how will it be paid out? Under the new scheme, this works differently from what you may be used to. This animation explains how.
(turn on the sound)
4. Death and surviving dependants
What will your partner or children receive if you die? The survivor’s pension is changing. In this animation, we explain what this means for your situation.
(turn on the sound)
Want to know more?
Please feel free to contact us.
Can’t find the answer you’re looking for on this website?
Please contact our helpdesk using the details below.