It’s Almost Pension Awareness Week

The 9th – 13th September 2024 is Pension Awareness Week

Retirement might feel like a distant goal, or it could be just around the corner but wherever you are on your journey, the choices you make now can have a big impact on your future.

Whether you're early in your career or starting to think seriously about life after work, it can be tricky to understand how your retirement will look, especially when it comes to understanding how your Local Government Pension Scheme (LGPS) works and all the different opportunities available to strengthen your savings.

That’s why we’re partnering with My Money Matters this Pension Awareness Week (PAW), to give you five easy steps to understanding your pension, one for each day of PAW!

1. Read their blog post
2. Reserve your spot, attend a webinar, and claim your entry into the My Money Matters prize draw for the chance to win 1 of 5 £50 eGift cards - Terms and Conditions apply
3. Explore the Knowledge Hub
4. Get one-on-one tailored information
5. Submit your AVC application

Register or log in to the My Money Matters platform to find out more.

You should consider your affordability before applying for a Shared Cost Additional Voluntary Contribution (Shared Cost AVC) scheme.

You will need to consider what investment product is suitable for you. Please speak to an independent financial adviser if you require financial advice.

Shared Cost AVCs are available to active LGPS members only.

A Pension is a long-term investment, the fund value may fluctuate and can go down. Your eventual income may depend upon the size of the fund at retirement, future interest rates and tax legislation.