Help your members to pay their pension some attention

In today’s fast-paced world, it’s easy to overlook long-term financial planning. Help your members to plan a comfortable retirement by getting them to pay attention to their pension now.

This year’s Pay Your Pension Some Attention campaign, themed ‘Face Forward,’ encourages all of us to think more about our future and where we stand on our pension journey.

There are three simple steps that your members can take which will help them later:

• Find lost pension pots – There may be unclaimed pensions from their past employment waiting to boost their retirement savings. They can visit GOV.UK to get started.
• Log in to their pensions accounts – They can check their total current savings in any private pensions and then use tools such as Money Helper’s Pension Calculator to estimate their future income.
• Picture their future self and how much they’ll need – They can consider how much income they’ll need in retirement and start planning now with resources like the Retirement Living Standards.

Check their pension statement

Once they’ve got an idea of how much they should be saving, they can check their pension statement on their online pension account to see if they’re saving enough.

They can find their statement under the ‘Pension Benefits’ section of their dashboard, and a link to guidance notes is available on the right-hand side of the screen.

If they’d like to pay more into their pension, they can review their options here. They can also find some helpful videos and guides on our support page.

Not registered for an online pension account yet?

If they don’t already have a pension account, we recommend creating one as the benefits are numerous! They can sign up, by entering their surname, National Insurance Number, date of birth, and email address.

With their online pension account, they can:

• update their address and who they want to nominate to get the lump sum death grant.
• see how much their pension might be if they take it at a date other than their normal pension age.
• look at their options for exchanging some of their pension for a larger lump sum.
• see their pension statements and any letters from us.

If they need help signing up, they can visit our support page.