29/06/2023
An update on pensions dashboards
For several years now, the pensions industry has been working on the idea of pensions dashboards: online tools enabling savers to view all their pension benefits from multiple schemes in one place. This could make retirement planning much easier for millions, by giving a clear and consistent view of how much their combined benefits are worth and what sort of income they can expect in retirement.
21/04/2023
Identity verification exercise
If you’re a member of the Plan and live overseas, you may have received a letter from us about verifying your identity.
22/03/2023
What does the Spring Budget mean for your pension?
On Wednesday 15th March, Chancellor Jeremy Hunt delivered his Spring Budget, which included the biggest shake-up in the taxation of pensions for over a decade. The Lifetime Allowance is being abolished altogether and the Annual Allowance is being increased by 50%.
17/02/2023
Your latest Pension Update is ready to view
The latest edition of Pension Update, providing you with latest news from the Plan and world of pensions is available to view online.
27/10/2022
State Pension age change
Since 6 October 2020 the age that you can collect your State Pension has been age 66 for men and women.
27/10/2022
A new normal minimum pension age
In 2014, following the consultation on ‘Freedom and Choice in Pensions’, the Government announced it would increase the NMPA to from 55 to 57 in 2028 to coincide with the rise of State Pension age increase from 65 to 67.
