Employers Useful information for your workers

We’ve rounded up some of the useful information on this website to help your workers understand and manage their pension savings – so you can point them in the right direction.

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What is a pension?

A pension is a long-term savings plan designed for retirement saving. Pensions have tax advantages compared to other types of savings.  

Find out more.

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What is an auto enrolment pension?

Auto enrolment was introduced in 2012 to get more people saving for their retirement. All workplaces must put workers who qualify into an auto enrolment pension and pay into their pension savings.  

Find out more.

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Our costs and charges

We’ve designed our charges to be simple, transparent and fair.

Find out more.

 

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How we invest your workers’ pension savings

We invest your workers’ pension savings to help them grow and protect their buying power. And we invest them responsibly, with the aim of having a positive effect on the environment and our society.

Find out more.

Paying in extra money

The more your workers save for retirement, the more income they’ll have – so it makes sense to save as much as possible. 

Paying in extra money

now:u – your pension at your fingertips

Our now:u app offers your workers:  

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A view of their latest payments in and the value of their pension savings in real time

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An understanding of how much money they could have when they retire

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How to find and combine their other pensions with our free service

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Their investment choices - our lump sum fund or Shariah fund

Retirement planning

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Our easy-to-use retirement planner is designed to help your workers understand what their pension savings could be worth when they retire, and what they can do with their pension savings. 

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Taking money out of now:pensions

Your pension saving journey is one of the most important you’ll make. We’ll help you plan and enjoy the retirement you want and be with you every step of the way.

Find out more
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Our annual benefit statement

Each year, every worker with now:pensions savings gets an annual benefit statement. This shows: 

  • how much they’ve built up in their pension savings 
  • how much they, and you as their workplace, have paid in 
  • how investment has affected the value of their pension savings 
  • the costs and charges that have come out of their savings during the year 
  • how much they could have at their retirement age if they stay in now:pensions, and 
  • what they could do to save more. 

Your workers can also see the value of their pension savings, how much has been paid in and how their investments are doing at any time using the now:u app.

Learn more