Managing your pension pot
The goal of having a pension is being able to fund the lifestyle you want when you come to take your money. It’s all about whether you’re saving enough and whether you’re invested in a way that reflects your current plans.
By keeping on top of these things now, you can make sure you’re doing everything you can to stay on track. You can check how your pension savings are doing using the Willis Towers Watson member site.
Life’s changes may mean that over time, your retirement goals or circumstances could change too. As life moves on, it’s important that you review the choices you’ve made about your pension savings as well. If you are uncertain about what to do, we recommend you speak to a financial adviser. To find an adviser in your local area, visit unbiased.co.uk. Advisers usually charge for their services.
✔ Are you paying enough?
Even if you can only afford to pay a little bit more at the moment, any extra contributions to your pension pot will help you build up your savings and give you the best chance of meeting your retirement goals. To change your contributions, contact Network Rail or complete the NRDC Change of Contribution Form.
✔ Are your savings invested in the right place?
How your pension is invested can make a big difference. So, it’s important to make sure you’re invested in a way that reflects your circumstances and goals.
We offer a variety of pension funds with varying levels of responsible investing approaches incorporated. You can find out more detail on responsible investing and the types of funds available on our ESG Hub.