As a member of the Rockwell Automation Pension Scheme (the Scheme) you build up pension benefits linked to your salary and years of Scheme membership. The Scheme is closed to new members. You can also boost your benefits in the Scheme by paying into the Additional Voluntary Contribution Plans (the AVC Plans). The AVC Plans are:
The Trustees want to help you understand the investment options for your AVCs in the Scheme and how your choices may affect your savings at retirement. Pension law also says that the Trustees must share certain information about these investment options with you each year.
This site explains the decisions the Trustees have taken about the AVC Plans, as well as the costs and charges members pay, how these could affect the value of your AVCs over time and how the Trustees ensure members are getting value for money. The information is taken from the full Chair’s Statement for the year to 31 March 2019. Remember, how much your AVCs grow depends not only on how much you and your employer contribute but also:
So it makes sense to find out more.
Pension planning in the lead up to retirement
Watch a presentation on all aspects of retirement
Help with your pension
If you have a question about your Scheme membership, get in touch by:
(Monday to Friday 9am – 5pm)
To access your M&G Prudential Account go to: https://www.pruretire.co.uk