With the cost of living rising, economic uncertainty looming, and everyday priorities like paying bills or saving for your next holiday, it’s no wonder your pension might not be top of your mind. Retirement might seem far off, but the choices you make today will shape the lifestyle you’ll enjoy later.
That’s why we’re launching a new campaign to our Defined Contribution (DC) members to help you take simple, confident steps toward a better retirement: Explore It… Don’t Ignore It.
Explore the campaign page
Explore nowYou may have already seen Ross Kemp and Bola Sol providing you with fitness-themed advice on achieving long term pension gains with the latest ‘Pay Your Pension Some Attention’ campaign. We’re building on the momentum to give you Plan-specific guidance on the steps you can take to map out your future with confidence. If you haven’t already, check out our latest news article to learn more about the campaign.
What you do now will shape your future
Over the coming months, we’ll provide you with information to help you:
- Understand your D&B pension
- Know how much you have saved
- Know how much you’ll need in retirement
- Make informed decisions to help positively impact your future
Why it pays to engage early
Engaging with your pension early isn’t just about boosting your retirement savings. Research from the Pensions Policy Institute reveals that people who take an active interest in their pension tend to enjoy better physical and mental health in retirement. They’re also more likely to retire early and feel financially secure.
Don’t ignore it
Two in five people say they regret not starting their retirement planning sooner. But it’s not too late. Simple actions, like making Additional Voluntary Contributions (AVCs) or reviewing your investment strategy can help you take control of your financial future and feel confident about what’s ahead. Don’t forget, when you contribute, the Company also contributes, and the Government adds tax relief, which is effectively ‘free money’, helping your savings grow.
Start exploring your pension
We’ll be sharing easy-to-digest content over the next few months to help you explore your pension so you can retire with confidence. In the meantime, check out our tools and resources on the website to get started.
Watch this short video to learn more about the Retirement Living Standards.
Explore It… Know what you might need…
It’s very important to know how much you might need in retirement.
Take five minutes today to visit the Pensions UK Retirement Living Standards website, which shows what the cost of life in retirement might look like.