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

Back to Pensions talk

Pension scams

The Pensions Regulator, Financial Conduct Authority (FCA) and HM Revenue & Customs (HMRC) are warning against pension offers that claim to be able to provide loans or release tax free cash from your pension fund before you reach age 55.

The authorities have recently detected an increase in bogus schemes and are urging people not to be taken in by website promotions, cold calls or adverts encouraging you to transfer existing pension rights to a new arrangement in order to access a cash payment or loan. Such schemes usually work by transferring your pension fund into risky or opaque investment structures, often based overseas, with no guarantee that you'll get your money back if something goes wrong.

The benefits payable to you on retirement or to your dependants could be reduced if you take up any form of pension scam offer. By accessing pension savings earlier than the law permits, you’re likely to be poorer in retirement and could face substantial tax charges. As ever, if the offer sounds too good to be true, it probably is!

Visit The Pension Regulator for more information.

The Trustee can't offer advice on any potential transfer but would recommend that you contact a financial adviser before transferring any of your pension savings out of the Scheme. Visit unbiased.co.uk to find a financial adviser in your area.

FEEDBACK

Was this page useful?

Submit