Are you scam smart??

Make sure you’re clued up on what to look out for when it comes to pension scams. Take the Financial Conduct Authority’s pension scams quiz and see if you could spot a scam!

Are you scam smart?

Make sure you’re clued up on what to look out for when it comes to pension scams. Take the Financial Conduct Authority’s pension scams quiz and see if you could spot a scam!

An update on Guaranteed Minimum Pension (GMP)

Find out more about what a GMP is, the steps we’re taking to equalise any GMP-related Scheme benefits, and whether any of the changes may affect you.

Looking for a document?

Access important documents such as the expression of wish form or the Annual Report and Accounts in the document library.

Case studies

The importance of advice when thinking about transferring out – Kate’s story

Kate has just turned 53 and has worked for the Society since she was 17. She’d recently been speaking to her sister, Laura, about retirement plans when Laura told her about how she’d recently transferred out of her workplace pension scheme so she could access more retirement options. After getting advice and transferring out, Laura now has a greater range of choice when it comes to how she can take her benefits at retirement.

Although Kate wasn’t quite sure how she wanted to take her benefits at retirement, more options sounded like a great idea to her, so she decided to look into transferring her benefits too. She even remembered receiving an email about pension transfer offers earlier in the year and decided to look into the offers further. Thankfully, she remembered to contact a financial adviser before making any big decisions...

Approaching retirement and tracing lost pensions – Dave’s story

Dave is 60 and only five years away from retiring. Over the years he’s made sure to keep an eye on his YBS pension to make sure he’ll have enough for the retirement he wants – he’s excited to go travelling with his wife, and perhaps finally take on a classic car renovation project!

Recently though, he remembered another workplace pension scheme he’d been a part of when he was younger and working elsewhere. Though he’d been planning on taking a small portion of his YBS pension as cash and the rest as an income for life, when he received the letter from YBS asking him how he’d like to take his pension, he thought it’d be best to try and track down his previous pension savings before making any decisions...