Pension Plans

Whilst your employer may have chosen your contract based personal pension, if you decide to join the plan it will be legally owned by you.

Because you have legal ownership of the plan you decide upon the relevant decisions regarding the structure of the scheme.

You decide upon how much you contribute (your employer may make additional contributions into your scheme) where you invest your contributions, when you retire and just who will benefit from your pension savings.

Contribution and investment decisions can be changed at any time (many members are doing this online themselves after discussing their views with our advisers).