Recent research from the Money and Pensions Service (MaPS) revealed that over a third of over-50s leave retirement too late or don’t plan at all.
Being part of The London Borough of Southwark Pension Fund (the Fund) means you’re off to a great start on your retirement journey. So, don’t delay and get on board with your pension today!
If you haven’t already, it’s time to ask yourselves a few questions, like…..
- Do you know how much you will need to retire?
- Do you know how much you’re saving right now?
- When was the last time you checked your pension account value?
If you’re unsure of the answers, we’ve got you covered. This website is your first port of call. Here you can learn about how a Local Government Pension Scheme works, see your contribution structure or find out what retirement means to you.
There are plenty of resources to use such as videos, forms, factsheets and much more! It’s an ever evolving retirement tool at your fingertips. No matter what stage you’re at, there’s something here for everyone.
Given that some people’s general finances have been affected by the COVID-19 pandemic, we’re urging people not to skip planning their retirement finances – whether you’re thinking of retiring later or bringing it forward. We know everybody’s circumstances will be different.
Most importantly, there’s help if you need it. Just head over to the Contact details page to get in touch.