Useful links
Retirement Line
Retirement Line is the UK’s largest pension income broker and can help you shop around for the best regular pension income (annuity) deals.
To use Retirement Line's free service, go to their website or call 0345 565 2601. Please note that Tesco is not responsible for any information provided to you by Retirement Line. Other pension income brokers are also available.
Origen
Tesco has reviewed some of the biggest financial advisers in the UK and chosen one that it believes is suitable to give advice on the Tesco Retirement Savings Plan – Origen Financial Services. Tesco has also negotiated a competitive rate, so Origen’s advice is likely to cost you less than that from other financial advisers.
Web: origenfs.co.uk
Call: 0800 230 0335
Email: TescoPensions@origenfs.co.uk
Between 9am and 5.30pm Monday to Friday (Excluding Bank Holidays).
Please note: You can ask for the advice to be split as follows: £600+VAT for an initial recommendation (whether to keep your pension in the Tesco Pension Scheme or consider other options) then £230+VAT for additional analysis (including analysis about transferring your pension) if you need it.
GOV.UK
The government’s site for information on pensions – including the State Pension, Pension Credit, taxation, pension allowances and a lot more.
MoneyHelper
MoneyHelper is a free, government organisation that offers guidance to make money and pension choices clearer.
Money and Pensions Service
Bedford Borough Hall
138 Cauldwell Street
Bedford
MK42 9AB
Tel: 0800 138 7777 (English)
Tel: 0800 138 0555 (Welsh)
The Pensions Ombudsman
An independent organisation set up by law to investigate and resolve complaints and disputes arising from pension schemes.
The Pensions Ombudsman can be contacted at:
The Office of the Pensions Ombudsman
10 South Colonnade
Canary Wharf E144PU
Tel: 0207 630 2200
The Pensions Regulator
The Pensions Regulator regulates workplace pension schemes and can step in where it feels that a scheme is not being run properly or where it has evidence that members’ benefits are endangered. The plan’s administrators and professional advisers have a duty to report to The Pensions Regulator if they believe there have been any irregularities in the way you plan is being run.
The Pensions Regulator can be contacted at:
The Pensions Regulator
Telecom House
125-135 Preston Road
Brighton BN1 6AF
Tel: 0345 600 0707
thepensionsregulator.gov.uk
Pension Wise
Pension Wise is a government service from MoneyHelper that offers free, impartial guidance about your defined contribution pension options.
They can be contacted at:
Money and Pensions Service
Bedford Borough Hall
138 Cauldwell Street
Bedford
MK42 9AB
Tel: 0800 138 3944
Pension Tracing Service
The government’s tracing service if you’re unable to find pensions left with previous employers.
The Pension Tracing Service can be contacted at:
The Pension Service 9
Mail Handling Site A
Wolverhampton WV98 1LU
Tel: 0800 731 0175
Legal & General Mastertrust
The Legal & General Mastertrust is the pension scheme that your employer has chosen for you and your colleagues to join. The Legal & General Mastertrust is a defined contribution (or money purchase) pension scheme which different employers can join. It is overseen by a board of Trustees who are legally bound to look after your money and put your best interests first.
The trustees appoint Legal & General Assurance Society Limited to administer the scheme on their behalf.
If you'd like more information on how the Legal & General Mastertrust works you can visit the website: