Listening to you

Earlier this year, we held focus groups with current Partners to ask them how they feel about their pensions, what they’d like to know more about from the Scheme, and which communications stand out.

The sessions were incredibly insightful, and the Trustee is very grateful to everyone who expressed an interest in joining and those who took part.

Participants told us that a central hub like our new website would be helpful so they have one central place to find information about their Partnership pension. We also heard that more information about ‘what happens if’ scenarios would help to make things easy when people need to navigate life events. You can now find a list of these under FAQs/Life Events.

Hearing from you, our members, about what’s important is what drives us. We’ll be in touch in the future to ask for your feedback to help us shape future communications. Look out for it – we’d love to hear from you!

You may also be interested in…
We’re on the hunt
We're looking for two new Partnership Elected Trustee Directors.
We’re not sleeping on it
Our annual climate report.
Nuts about saving for retirement
Are you paying enough?
Defined Benefit

You’re likely to be a member of the DB Section of the Scheme if you worked at the Partnership before 1 April 2015. XPS is the administrator of the DB Section.

The DB Section closed on 1 April 2020 and therefore members who joined the Partnership after 1 April 2015 will only have a Defined Contribution pension pot.

Defined Contribution

This is where you can find information about your current pension if you’re a Partner now, or were a Partner after 1 April 2015. The Defined Contribution pages are probably the most important for you.

Members who joined the Partnership before 1 April 2015 may also hold DC pension pots with Prudential or Legal and General, as well as a Defined Benefit Pension in the Scheme. We previously referred to this as Hybrid or Dual Benefit. This is because you may have joined the DC Section of the Scheme when you started working at the Partnership and then, after a defined waiting period (which depends on the date you joined the Partnership), you would have become eligible to join the DB Section.

The DB Section closed on 1 April 2020 and therefore members who joined after 1 April 2015 will only have a DC Section pension pot.