If your plans change

There are many reasons why your plans for the future can change:



• Maybe you’re not quite ready to stop work
• Perhaps you have other income or savings you can rely on
• Maybe you don’t feel that you are in the right financial position to take your money, instead you want to keep working and paying into your Lifestyle Account.

Whatever your reasons, if you decide that it’s not the right time, you can change your Target Retirement Age.



Changing your Target Retirement Age


You can adjust your Target Retirement Age (TRA) to bring it in line with your new plans – whatever is right for you. The earliest you can usually choose for your TRA is your 55th birthday. Although if you joined the Plan before 6th of April 2006 you will have a protected retirement age of 50. Either way you can make a change to your TRA by completing the Target Retirement Age form or contacting us by telephone on 0345 678 0297.



Changing where your Lifestyle Account is invested


If your plans or circumstances have changed, you may want to consider whether the way in which your savings are invested is still right for you.