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Welcome to your Workplace Pension

Trustee Buyout Plan

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Welcome to your pension

Welcome to your pension

The Trustees of a previous pension arrangement have moved your pension fund into a plan in your own name which is known as a Trustee Buyout Plan.

Read our guide (PDF, 800KB) to find out more about how a Trustee Buyout Plan works. 

Important things to do

Keep track of your pension:

Keep track of your pension:

Use the secure portal to manage your pension. It's important that you:

  • keep your personal details up to date and provide us with your personal e-mail address so that we can keep in touch even if you change jobs
  • nominate your beneficiaries so we know who you want your pension savings to go to if you die
  • check that your selected retirement age is in line with when you plan to start accessing your pension savings

 

Log in to your secure portal

Log in to your secure portal

If you’ve not registered yet, you can register for your secure portal now.

Remember to keep your username and password safe.

Log in to your account Opens Scottish Widows site in a new tab

Planning for your future

Beware of scams

Watch our film to find out how to spot a pension scam. 

Film running time 1.5 mins.

What you might need

What you might need

The Retirement Living Standards are designed to help you picture your retirement and what it might cost. 

Created by Pensions UK, you can use these standards to help you get an idea of what you might need in retirement, and to help you set a retirement savings goal.

Find your Retirement Living Standard Opens third party site in a new tab

Understand your retirement options

Understand your retirement options

Read our Helping You Prepare for your Retirement guide (PDF, 400KB) to learn about your options when you’re ready to start accessing your pension savings.

To discuss your retirement options, and to begin accessing your savings, please contact 0345 835 6644.

You won’t usually be able to access your pension savings until age 55, and this is increasing to age 57 in 2028. 

Supporting vulnerable customers

This film explains the additional support services available to you through our partnerships. You can also learn more about these in our support guide (PDF, 1MB). 

Film running time 2 mins.

Look after your financial wellbeing

Look after your financial wellbeing

Our Be Money Well site has various resources to help you learn new financial skills. Beyond just pensions, you'll also find: 
 

  • bitesize learning on financial essentials
  • blogs and videos
  • resources to enhance your digital skills.
Visit Be Money Well Opens third party site in a new tab

Government's Midlife MOT Resources

Government's Midlife MOT Resources

Visit the Government’s Midlife MOT site to help you think about work, health and money with future planning in mind. You can:
 

  • choose your Midlife MOT goal for instant resources
  • browse all work, health and money resources for general information.
Midlife MOT Opens third party site in a new tab

Tools & calculators

Library & resources

  • Below you will find information about your investment options and charges. Unless you have selected your own investments, your employer will have selected a default investment option when you joined the scheme. This will be detailed in the welcome pack that was sent to you in the post when you joined the scheme. You can also review where your savings are invested, and make changes, through our app or by logging in to your secure portal.

     

    Investment choices and charges

    Explore information on the alternative investment options available to you, past performance, their charges and their fund factsheets. 

    Charges sheet (PDF, 300KB)

    This lists the pension fund choices that are available to you and the total annual fund charge for each fund.

    Our Pension Investment Approaches (PIAs) are our fully governed range of investment strategies. In this detailed guide you’ll find details of the different options available to you. 

    Fund guide (PDF, 1MB)

    This guide provides information on the different fund choices that are available to you.


    We may have provided links to documents and other information supplied by third parties (which may include your employer or their advisers). They are solely responsible for their content and accuracy. All statements, views and opinions contained in these documents and other information are those of the third parties, not Scottish Widows.

  • Key Features and Terms & Conditions library and resources

    This detailed guide contains important information about your plan and how it works. 

    Terms and conditions (PDF, 400KB)

    This contains details of the terms and conditions of the plan.


    We may have provided links to documents and other information supplied by third parties (which may include your employer or their advisers). They are solely responsible for their content and accuracy. All statements, views and opinions contained in these documents and other information are those of the third parties, not Scottish Widows.

  • Useful information library and resources

    Nomination form (PDF, 500KB)

    Please let us know who you wish your pension benefits to go to upon your death. You can nominate your beneficiaries through the Scottish Widows app and your online services. If you’d like to use this form instead, please complete this form and send it back to us. 


    We may have provided links to documents and other information supplied by third parties (which may include your employer or their advisers). They are solely responsible for their content and accuracy. All statements, views and opinions contained in these documents and other information are those of the third parties, not Scottish Widows.

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