Your Workplace Savings

Global Connections Retirement Savings Plan

 

Your Retirement Journey

Where are you on your retirement journey? We’ve helped people plan their financial futures for more than 200 years. Let us help you.

Your Investment Charges

The fund charges shown in the Your Investment Choices section do not include policy or transaction charges. You can find more information on these charges in the Your Key Documents Library section.

Your investment choices

Click on the links below for information on your investment choices.

Your Key documents Library

Coming up to retirement

As you start thinking about retirement it's time to look at your pensions and savings. Will you have enough for the future?

Your questions answered

Many employers provide a workplace pension for their staff. Workplace pensions can be a good option as most employers will also make a regular contribution to your pension.

Am I making the most of my company pension?

Are you making the most of your company pension? Are your saving habits changing with your circumstances?

What is Automatic Enrolment?

Automatic enrolment makes it easier to start saving for your future. All employers are required by law to have set up and enrolled all eligible employees into a qualifying pension.

Watch this video to find out how it works.

Under automatic enrolment, there is a minimum total contribution that must be paid into your pension. The amount is set by the Government and is made up of your and your employer’s contributions, as well as tax relief on your contribution.

What is tax relief?

Tax relief is just one of the benefits of a pension. In this video, we explain how tax relief works and what it could mean for you. The tax treatment depends on your individual circumstances. Your circumstances and tax rules may change in the future.

Can you combine your different pension pots together?

Merging your pension pots can make managing your pension much easier, but you may lose access to certain benefits if you do so.

No matter how close you are to retirement, you still have time to boost your pension savings. You can top up your existing pension contribution by paying in a lump sum or increasing your regular contributions. The retirement benefits you receive will depend on a number of factors including the value of your plan when you decide to take your benefits which isn't guaranteed, and can go down as well as up. The value of your plan could fall below the amount(s) paid in.

How much money should I be saving for retirement each month?

When you start saving for your future it's important to consider how much money you should save.

You can find out more about your investment choices in the Key Documents section of the scheme infosite. You may want to review your current investment choice and be comfortable that these are still aligned to your attitude to risk.

If you are still unsure what to do you could speak to a financial adviser to help you. Please note, you’ll need to pay for this.

Do I need a financial adviser?

Financial Advisers can really help you make the most of your money and plan for your future. We also look at some of the other options available.

Retirement calculators help you to understand what each pension option could mean to you. You can also explore how tax will be applied when taking all or some of your money out.

How can I find out how much my pension is worth?

Knowing what your pension is worth is useful when planning for retirement. In this video, we explain how you can access this information.

When can I access my pension?

When planning for your future, it's important to know when you can access your pension pot. You can normally take your benefits from age 55.

What happens to my pension when I die?

It's important to understand what happens if you die before you take all your benefits. This video explains how the benefits can be paid and the possible tax implications.