Your roadmap to retirement
Retirement planning is a journey, not a single decision. Regularly checking in with your pension can help you understand your benefits, explore your options, and feel more confident about planning for the future.
Journey to retirement
15
years
to go
to go
Start thinking about your future retirement plans
- Log in to OneView to review your pension benefits and nominated beneficiaries.
- Think about the lifestyle you may want in retirement and how your pension could support this.
- Consider whether you may want to build additional savings by paying Additional Voluntary Contributions (AVCs) alongside your Scheme benefits.
- Make sure your contact details are up to date.
10
years
to go
to go
Understand your options
- Learn more about the retirement options available through the Scheme.
- Review any AVCs you may have.
- Start thinking about when you may wish to retire.
- Consider taking independent financial advice to support your retirement planning.
5
years
to go
to go
Start preparing for retirement decisions
- Begin considering how and when you may wish to take your pension.
- Review your wider financial plans and expected retirement income.
- Understand the options available to you, including any tax-free cash choices.
- If you haven't already, consider taking financial advice.
1
year
to go
to go
Get ready to take your pension
Here are some key milestones to consider as you approach retirement.
- Look out for your retirement pack, which will be issued a minimum of 3 months before your Normal Retirement Age (NRA). If you are planning on retiring earlier than your NRA, you can request a retirement pack from the Administrators.
- Review your retirement options carefully before making any decisions.
- Make sure your personal details are up to date.
- Contact the administrator if you have any questions about the retirement process.
Additional guidance
If you’d like more help planning for retirement, there’s lots of free, Government backed services.
Visit ‘Support and guidance’ for more information.
