FAQs
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"If I’ve nominated my children and they’re under 18. When I die, how will you pay out my death benefits?"
If your beneficiaries are under the age of 18 (known as minors), the lump sum will be held in trust until they come of age (we’ll require a copy of their birth certificates).
"Where do I send my pension claim form?"
If you have a vulnerability or disability which stops you from being able to request to take your pension money online, you can contact us to ask about the best way to access your money.
"How much will I get when I retire?"
It’s possible to get an estimate of how much you’ll get from a workplace pension. You may hear this referred to as a ‘pension projection’.
"When and how do I pay pension contributions?"
You’ve 2 options to pay pension contributions – direct payment, or automated payment. For both options, you’ll need to make sure you’ve got an active Direct Debit on your account.
"If I die and haven’t completed a beneficiary form, what would happen to my pension?"
"What’s a small pot lump sum and how many of them can I take?"
If you have £10,000 or less in your pension and you want to take it all in one go – you may be able to take it as a ‘small pot lump sum’.
"How can I make personal payments into my pension?"
Saving into your pension with People’s Pension can be a great, tax-efficient way to save for your future.