What is Auto-Enrolment?
Auto-enrolment means that, rather than having to actively choose to join a pension scheme, staff are put into one by their employer, if they meet certain criteria.
How is my money invested?
The Scheme provides a range of investment funds. If you don’t make an active choice yourself, the Scheme will automatically invest your pension in a combination of funds dependent on your age.
How much does it cost?
The Scheme charges cover the cost of administering your pension and investing contributions to build up your retirement pot.
What are my retirement options?
Deciding what to do with your retirement income is important. There are a number of options available to you depending on the size of your pension pot.
Can I transfer my fund?
If you’ve worked for several employers it is likely that you have built up several pension pots. You may be able to transfer your existing pots into your Workers Pension Trust account.
This section covers the answers to the most common questions from Members.