Just as regular health checks help you stay on top of your wellbeing, taking a few minutes to review your pension can help you feel more confident about your future.

Pension Awareness Week is the perfect opportunity to check that your details are up to date, understand the benefits you’ve built up, and make sure your plans still reflect your goals.

Here are five simple checks you can make today to help keep your retirement plans on track.

1. Explore PensionPoint

PensionPoint is LPPA’s secure online portal. It offers a range of planning tools designed to help you stay in control your pension.

Through PensionPoint, you can:

  • View your pension information 24/7.
  • Access relevant pension documents.
  • Understand how different retirement dates may affect your pension.

Click here to login to your PensionPoint account.

2. Check your annual benefit statement

Through PensionPoint, you can access your annual benefit statement (ABS) which provides valuable information about your pension benefits and can help you understand what you’ve built up so far.

Reviewing your statement is one of the best ways to stay informed about your pension and monitor your progress towards retirement.

Click here to find out more about annual benefit statement

3. Review your contact details

Keeping your details up to date in PensionPoint helps ensure you receive important updates and can access services without delay.

While you’re checking your details, make sure your personal email address is recorded rather than a work email address where possible.

This means that if you move jobs or retire, you will still have access to services.

4. Review your beneficiary nominations

One of the most important parts of your pension health check is reviewing your beneficiary nominations. It tells us who you would like us to consider for any lump sum death benefits that may be payable.

Many members complete a nomination when they first join a scheme and never revisit it. However, life circumstances change.

Since you joined, you may have:

  • Married or entered a civil partnership.
  • Divorced or separated.
  • Had children or grandchildren.
  • Experienced bereavement.
  • Changed your financial arrangements.

Regularly reviewing your nominations through PensionPoint helps ensure they reflect your current wishes.

5. Think about your future plans

Retirement planning isn’t just about numbers. Pensions Awareness Week is a great reminder to have a think about:

  • When you might like to retire.
  • Your future lifestyle goals.
  • Whether your circumstances have changed.
  • What additional information you may need.

Even small actions today can help you make more informed decisions in the future.

Click here to learn more about the retirement process.

Stayed connected to your pension

Your pension is there to support you throughout retirement, so it’s worth taking the time to understand the benefits you’ve built up and keep your information up to date.

Whether you’re nearing retirement or it’s still many years away, staying engaged with your pension today can help you make informed decisions when the time comes.

Log in to PensionPoint, review your information and move towards a more informed retirement journey.