Why save with The People’s Pension?
1,000s of people transfer to us every month.
Reasons to keep your pension with us
*6 million+ savers trust us with *£20 billion+ of their money and *100,000+ employers are with us. We’re a major player in the workplace pension market. If you’re looking to put your pensions in one place, you can do that with us.
6m+
members
100k+
employers
£1m+
given back a month
*All figures correct as of April 2023.
We reward you for saving more.
This is a pension for life.
We offer strong investment options.
Climate is key for us.
Take advantage of our charge rebate
Putting more into this pension could mean you get a bigger rebate. You could save £1,000s more* for later life.
Competitive and transparent charges
All pension schemes charge members – combining your old pensions could reduce the amount you pay.
Simple and sophisticated options
In addition to our default investment profile, we offer other investment options.
The more you save, the bigger the rebate
We give over £1 million back to our members each month in rebates on our management charge. It’s our way of actively rewarding loyal savers and could mean £1,000s more* for your retirement.
You can control your investment options
The Trustee works hard with our experienced in-house investment team, their investment advisers and our money managers, State Street Global Advisors and HSBC, to invest your money so it has the best chance of providing long-term growth. You can choose from 1 of our 3 investment profiles or self-select a fund.
You can keep this pension if you change jobs
This is a pension for life. Even if you move jobs, you can continue contributing to this pension monthly with a Direct Debit, or you can pay in a lump sum. Plus, you’ll still benefit from tax relief.
We support the climate agenda
Climate is key for us – we consider climate change to be the most financially material environmental, social and governance (ESG) risk that the Scheme faces and have a policy outlining how climate risks and opportunities are managed.
What makes us different
Discover what profit for people means for you.
Check your Online Account
See and change your investment options.
Committed to the climate
Find out more about our responsible investment.
*This assumes a member aged 35 with a starting fund of £15,000, a salary of £30,000 per year, paying 8% gross contributions, based on qualifying earnings for the 21/22 financial year, investment returns of 5% per year, inflation of 2.5% per year, and a retirement age of 68.