Your retirement glide-path

The Trustee is launching a number of initiatives specifically designed to help support you at the key staging points that lead up to your retirement. If you’re using one of the Lifestyle Profiles to manage your investments and are within 10 years of your SRA, you will start to receive a series of personalised reminders, checklists, useful contacts and pointers. The Trustee will also be making a number of online tools and informative videos available to help you:

• Plan and prepare for retirement;
• Define your retirement expectations;
• Get the financial advice you need;
• Monitor your progression towards obtaining your retirement goals;
• Understand your retirement options; and
• Make the right choices for you when the time comes.

As part of this process or ‘retirement glide-path’ you will shortly have access to:

• A couple of short animated website videos designed to help you understand the cost of retirement and how to get the right financial advice;
• An interactive website Modeller that will be specific to your circumstances and can help you determine the cost of what your actual retirement will look like;
• A series of communications that are issued at the appropriate time to help you track where you are on the glide-path; and
• A booklet entitled ‘Are you on course?’.

Statistically, we are living longer – which means many of us could spend 30 years, or more, in retirement. It is important that your pension savings are aligned to your goals for your ‘longest holiday’. Even if you are more than 10 years from your SRA you can start preparing now – why not take a look at the ‘Are you on course?’ booklet which will shortly be available in the ‘Document library’ section of the Scheme website.