- Brush up on the Pension Basics – Watch our series of Pensions Basics films to help with your pension planning, or visit our Retirement Basics website.
- Check what’s in your pension pot(s) – Speak to your pension provider to see how much you’re currently saving, or look at your Annual Benefits Statement. If you have a Scottish Widows pension you can log in on our homepage.
- Think about saving a bit more – If you have a workplace pension speak to your employer about increasing your contributions. Our Pay more calculator shows how even a small increase can make a big difference. If you’re self-employed, can you afford to save a bit more? – our Savings guide can help.
Pensions are a long-term investment. The retirement benefits you receive from your pension plan will depend on a number of factors including the value of your plan, when you decide to take your benefits which aren’t guaranteed and can go down as well as up. The value of your plan could fall below the amount(s) paid in.