CHOOSE YOUR SCHEME

Welcome to the new look website, for members of a Lloyds Banking Group pension scheme.

If you joined the Group after 1 July 2010, you'll be a member of Your Tomorrow.

NOT YET A MEMBER?

If you’re an employee of Lloyds Banking Group and not a member of one of our pension schemes, it’s not too late to join, as long as you’re eligible.

IF YOU JOINED THE GROUP ON OR AFTER 1 JULY 2010

You’ll be automatically enrolled in Your Tomorrow on the day you join the Group. If you’re not yet a member, see joining.

IF YOU JOINED THE GROUP BEFORE 1 JULY 2010

HBOS colleaguesIf you were previously a member of the HBOS Group Money Purchase Scheme, or had the right to join, you became eligible to join Your Tomorrow from 1 February 2011.

Lloyds Bank colleaguesIf you were previously a member of a Lloyds Bank Pension Investment Plan (PIP), or had the right to join, you became eligible to join Your Tomorrow from: 1 August 2011 for non-Asset Finance and non-Commercial Finance colleagues 1 September 2011 for Asset Finance and Commercial Finance colleagues go to joining to find out more.

To view information about your benefits Log into YOUR PENSION
MobileNav

AVCs

You can top up your pension savings with additional voluntary contributions (AVCs). It's up to you how much you contribute and how often, and we provide a wide range of funds so you can choose how your AVCs are invested.

As long as you're within the Annual Allowance (AA), you'll get full tax relief on any pension contributions you make. This means that the cost of contributing £1 of pay is actually only 80p if you're a basic rate tax payer (or 60p if you’re a higher rate tax payer).*

If you leave the Scheme any AVCs you’ve made - including any through Pension Extra - will remain invested for you by the Trustee. The additional benefits you’ll get when you retire will depend on the value of your AVC fund and the cost of buying those additional benefits.

How much does your £1 contribution cost you?

80p if you are a basic rate tax payer
60p if you are a higher rate tax payer

If you'd like more information about AVCs and how to make them, please contact the Scheme administrator.

*Tax relief savings may be slightly different if you are a Scottish tax payer, as different rates and bands may apply.