Pension scams and cyber security
Cyber scams in the UK are unfortunately becoming more common, and scammers’ techniques more sophisticated.
Latest news
Update on the Lifetime Allowance
Since 2006, pension savings have been subject to a Lifetime Allowance (LTA), which places a limit on the overall value you can build up across all your pensions before having to pay additional tax. For the 2022/23 tax year, the LTA stood at £1,073,000.
Your pension increase is just around the corner!
Pensions in payment are increased each April according to the Plan’s rules, so we wanted to let our pensioners know that this year’s increase will be coming your way soon.
Looking after your financial wellbeing
As we start another new year, you may find this a good time to do some financial planning. It’s important to think about the potential challenges and opportunities that you could face in achieving financial wellbeing, with a broader perspective on the current economic conditions. Figuring out how your Plan pension fits in with that bigger picture could be a helpful first step.
Pension updates from the Autumn Statement
On 22 November 2023, Chancellor Jeremy Hunt delivered his Autumn Statement, setting out the Government’s key commitments and objectives for the UK economy. The announcement contained some measures that could affect your pension planning.
Your latest Trustee Report is ready to view
The latest edition of the Trustee Report providing you with latest news from the Plan and world of pensions is available to view.