FAQs
Showing 8 of 17 results
"What happens to my pension savings if I die?"
You can make sure your loved ones and/or a favourite charity receives your pension savings if you die before you take them.
"Can details of my pension be disclosed to a third party?"
Details of your pension can only be given to a third party (independent financial adviser, spouse etc) where you’ve given your authority.
"What are the assumed growth rates of People’s Pension investment funds?"
See the assumed growth rates of People's Pension investment funds.
"How will accessing my pension affect my means-tested benefits?"
Withdrawals from your pension savings may have implications on your entitlement to means-tested benefits.
"If my employer went bust, what will happen to my pension?"
Pension savings within defined benefit schemes are generally protected by the Pension Protection Fund.
"I’m getting divorced. What happens to my pension savings?"
We can either set up a pension account which will belong to your ex, or the pension credit can be transferred to another provider.
"What penalties are there if my employer doesn’t comply?"
If your employer doesn’t meet its duties, The Pensions Regulator will initially tell them to put things right.