Help Centre for Employers

What happens to an employee’s pension if they leave the company?

The employees’ pension contributions will stay invested with NOW: Pensions after the employee leaves the company, and the employee will continue to receive pension communication from NOW: Pensions.

An employee can also choose to transfer their pension pot to another Registered Pensions Scheme or a Qualifying Registered Overseas Pension Scheme.

By consolidating the pensions in one place the employee may increase their purchasing power to maximise their retirement benefit.

 

“We were impressed with the simplicity of its scheme. The ease of implementation was also a big plus for us and has removed much of the administrative headache.” — Neil Tune, HR director at Fitness First
…We pride ourselves on our abilities to make the perfect match for both clients and workers. Our decision to appoint NOW: Pensions came as a result of wanting a quality workplace pension scheme that is structured, simple and easy for us to… — Ian Naylor, Legal Director of Randstad
We decided to appoint NOW: Pensions because of the simplicity and robustness of its scheme. The NOW: Pensions product is both cost effective and straightforward to implement... — Mark Roberts, Managing Director at gap personnel
I firmly believe in NOW: Pensions' principle that everyone deserves the right to a better retirement. I look forward to being part of the team which aims to achieve this in the UK. — Win Robbins, former Head of European Fixed Income Barclays Global Investors
I've known ATP for many years and have enormous respect for the effectiveness of their investment strategy. I'm convinced that NOW: Pensions can become a major player in the UK and look forward to being a part of that success. — Chris Daykin, the former Government Actuary