Pensions are constantly evolving and there may be changes that affect your membership. Therefore, it’s important to keep up to date with what’s happening.
Free will month is taking place this October for a second time this year. It allows those aged 55 and over to have a will drafted or updated free of charge.
Due to high inflation in the UK, many of our members have exceeded the Annual Allowance this year and for some members, this may result in a tax charge.
Following the issuing of this year’s benefit statements, the Trustee and Railpen are aware that many members have concerns regarding the Pension Input Amounts quoted.