About us
now:pensions is an award-winning UK workplace pension provider. We look after the pension savings of millions of members on behalf of tens of thousands of workplaces from lots of different industries.
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Our company
Discover our companyOur mission
We have a clear mission – to help everyone save for a more financially secure future. This means delivering good value for our own members, while fighting for a fairer pension system to enable all pension savers to get a better retirement. We do this by highlighting pension inequalities and campaigning for change.Serving our members
We’re dedicated to helping our members make the most of their pension savings and get a retirement they can enjoy.Our board
Our board brings together experienced people from different backgrounds, who apply their wealth of knowledge and expertise to the smooth running of the business.Our trustees
Our independent trustee directors provide expert management and governance to ensure now:pensions is run in the best interests of our members.Annual Chair's Statement
Our statement sets out what we’ve done on members' behalf over the Scheme year (between 1 April to 31 March).Awards
We’ve been recognised for our efforts in tackling some of the important issues facing the UK pensions industry. And our work with the government to drive pension policy change and create a more equal pension system has been noticed too.
Our investment approach
Our investment approachStatement of Investment Principles (SIP)
The Statement of Investment Principles (SIP) sets out how now:pensions invests our members’ pension savings. The SIP includes the Trustee’s investment beliefs, objectives and policies.Responsible and sustainable investing
Responsible and sustainable investing means investing with a long term approach that benefits the environment and communities, and avoiding investments that may be considered harmful.Our sustainability focus
Our three priority sustainability themes are: climate action, gender equality, and living wages.Stewardship
Stewardship means we aim to engage with the companies we invest in to get the best value from our investments over the long term. We focus on investment returns but also account for the social and environmental value we get from the investments. For example, we aim to engage with companies to achieve net zero.Latest unit prices
View the latest unit prices for our funds. We update these each day. We also list historic unit prices for all funds.
Careers
Working at now:pensions isn’t like anywhere else. We’re different from other financial services firms, and we like it that way. Learn more about what it’s like being part of the team.
now:u – a refreshingly different approach to workplace savings
See how much you and your workplace pay in.
Find and combine your other pensions with your now:pensions account.
Plan for your retirement and see how much you could have when you retire.
Choose from a range of different investment options to suit your needs and preferences.
Frequently asked questions
See all supportA pension is a long-term savings plan you use to save for an income when you retire.
You pay money in to your pension. If it’s a workplace pension, your workplace usually pays money in, too. The money is invested to help it grow and build up over time.
When it’s time to retire, you get an income from the pension. There are different ways to get the income, depending on what type of pension it is.
These are the three main types of pension you’re likely to come across:
Follow the links to find out more.
A workplace pension is a pension your workplace arranges and offers you.
Auto enrolment means UK workplaces are required by law to offer a workplace pension. They must put workers who qualify into the pension and pay in to their pension savings.
Most modern workplace pensions are defined contribution (DC) pensions. In a DC pension scheme your pension savings build up based on:
- payments from you and your workplace, and
- returns on your investments.
Many workplace pensions used to be defined benefit (DB). In a DB pension you build up an amount of pension each year based on:
- part of your salary, and
- the number of years you build up the pension.
But DB pensions are rare nowadays. They’re usually older workplace schemes or public sector pensions.
This is a pension the government pays you when you reach your State Pension age. You build up State Pension by paying National Insurance contributions or receiving National Insurance credits (paid to carers, jobseekers and people on some family and sickness benefits).
The full new State Pension applies to people who reach their State pension age on or after 6 April 2016. The full rate for 2026-2027 is £241.30 a week. You need 35 qualifying years, when you paid full-rate National Insurance contributions or received National Insurance credits, to receive the full new State Pension. If you have fewer than 35 qualifying years, you’ll get a lower amount of State Pension.
(We say ‘new’ State Pension because the old State Pension arrangements still apply to people who reached their State Pension age before 6 April 2016. You can find out more about the previous State Pension arrangements on the government website.)
You can apply for a State Pension forecast to see how much your State Pension might be. You can also check your State Pension age.
If your State Pension forecast shows you might not get the full amount, check your National Insurance contribution record. You may be able to pay extra National Insurance contributions to get a higher amount of State Pension.
There’s more information about the State Pension on the gov.uk website.