The Pension Planner allows you to model your Pension at different retirement ages and estimate cash lump sums available at retirement. The Pension Planner also takes into account any revaluation that has been applied to your pension from your Date of Leaving Pensionable Service up to the 6th of April 2024.

Please note that the ability to take early retirement from the Scheme may be subject to consent of the Scheme Trustees and/or the sponsoring employer.  Legislation currently allows for early retirement from age 55 (rising to age 57 from 6 April 2028), however, in certain circumstances it may be possible to retire earlier.  Please note that the pension planner does not take such early retirement into account and you should contact the administration team if you require any further information.  

To find out more you can securely Register and Login to access your own personal details here. Help to Register and Login can also be found here.

Pension Planner Explanatory Notes
The pension planner projections are provided solely for the purpose of illustration. The projections are based on an understanding of the rules of the Scheme at the date of the projection and taking into account the current position adopted by HM Revenue & Customs. They do not represent any promise or guarantee as to the amount of benefit you may actually receive, and confer no right or entitlement to the benefits quoted. All benefits will be paid in accordance with the rules of the Scheme. In the event of a conflict between the contents of the pension planner projections and the rules of the Scheme, the rules of the Scheme will prevail. The projections should not be regarded as the only consideration when making decisions in respect of your pension arrangements or wider financial planning and we strongly recommend that you obtain independent financial advice in relation to any financial decisions you wish to take. For a list of Independent Financial Advisers in your area you can contact www.unbiased.co.uk. Please be aware that you may be charged a fee for any advice. Please note your pension benefits may be subject to overriding constraints imposed by HM Revenue & Customs. Any changes made by HM Revenue & Customs may impact upon these projections.

The pension planner projections have been calculated using actuarial factors applicable to the Scheme. These factors are subject to periodic review and may change.

The pension planner projections are not binding on the Trustees, Company or Hymans Robertson LLP if there is an error or omission.