Your defined contribution AXA pension

Are you pension savvy?

You’re on the pension website, and taking a step in the right direction when it comes to your retirement savings. But do you know what the issues are that you need to consider?

If you’re totally unsure about pensions, or where to start, try our summary video to give you an idea of how the Scheme works.

How The Scheme Works
How The Scheme Works

This website is built around what stage of life you are, so as a starter, you should look at the section that best reflects how far you are from retirement. Each section covers the main areas you need to know about to make decisions about your pension. These are:

  • Contributions – as how much you pay in will affect the amount you are likely to get
  • Investments – as how well your investments do will also affect the amount you are likely to get
  • Retirement planning – as knowing how much you need for retirement can help you decide how best to manage your Personal Account
  • Retirement options – as understanding what you can do with your Personal Account at retirement is an important part of your planning

If you’d like some simple videos explaining the basics, visit the library.

This website works alongside the website run by the Scheme’s administrators, Aegon. Aegon’s website gives you access to all your details and information on how your Personal Account is doing. To keep your information secure, you will need to log in to their site, using the 'Account Login' button.

The best part is that you can use their retirement modelling tool ‘MyPath’ to model how different choices you make might affect your retirement income, for example, changing your investments, contributions or the age you retire at. Please see our video ‘TargetPlan’ for a step-by-step guide on how to use the Aegon website and ‘MyPath’ modelling tool.

How To Use The Online Modeller
How To Use The Online Modeller