Your latest annual pension benefit statement should now be available to view. This is your chance to take control of your retirement savings and make sure you’re financially set for the future you’re working toward.
By reviewing it now, you can spot opportunities to grow your savings, address any gaps, and make informed decisions that set you up for the long run.
Your pension statement provides a snapshot of your retirement savings and future financial security. Logging in to your Creative Pension Trust Member Portal today allows you to review your statement in detail and take proactive steps to secure your financial future:
Take a look at how much you’ve saved so far and track your progress toward retirement. Your pension statement outlines your total contributions, investment growth, and projected retirement income based on your current savings patterns.
Understanding these numbers gives you a clear picture of whether you’re on track to save enough for the retirement lifestyle you want.
Are you paying in enough?
Your statement highlights how much you and your employer are contributing each month. Even small increases in contributions now can make a significant difference over time. Increasing your contributions can help your savings grow over time, potentially boosting your retirement income.
If you’ve worked for multiple employers throughout your career, you might have pension savings you’ve forgotten about.
You can find any lost pensions and combine them online to give you a clearer picture of your overall savings. Fees may apply, so please check with your previous pension provider or a financial adviser before transferring your pension.
More details can be found here.
Your pension statement assumes a retirement age of 65 unless you’ve specified otherwise.
However, your actual plans might differ. If you aim to retire earlier or later, updating your target retirement age means your pension forecasts will be more accurate and your investments match up with your retirement goals. This small step can significantly impact your financial planning.
If you have questions or want to better understand your pension savings, visit our Help Centre.
Checking your statement regularly ensures you’re on track for the future you want, and getting the right guidance can help you make informed decisions about your retirement.
