The DB Section modeller shows you the potential benefits you could receive in terms of cash, guaranteed annual income or drawdown income.
When you log in, you’ll be able to:
You’ll also be able to view the value of your L&G or Prudential pot (if you have one) on MyPension.
Go to MyPension to login.
If you also have a DC Section pot with Legal & General (L&G)
If you’re currently paying into, or have paid into the DC Section of the Scheme with L&G, you can view and manage how your money is invested with L&G by registering or logging on to L&G’s secure online member portal, Manage Your Account.
If you have a DC Section pot with Prudential
If you hold a DC section pot with Prudential, you should contact XPS if you have any questions on this. All funds held with Prudential are held in the same With Profits fund and there are no investment choices for you to make. You can check your Prudential fund value on MyPension and this is updated each month.
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.
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.
