We take great care to protect the money you pay in to your pension savings.
Your workplace takes the money out of your salary and passes it to us, usually by secure Direct Debit. We then invest it in the lump sum plan, unless you’ve chosen a different investment option.
Find out more about how we invest your savings.
While you’re saving with now:pensions, we keep your money safe by holding it in a trust, which is managed separately from now:pensions and your workplace. We employ an independent custodian, a specialist company responsible for safeguarding and protecting your money.
Our custodian is State Street. State Street looks after your pension savings until you ask to take your money out. It holds the money in a ring-fenced account on behalf of our Trustee. This ensures your pension savings can’t be accessed or used improperly.
