Your pension when working with Pulse

What is a workplace pension?

A workplace pension is a way of saving for your retirement. By law, your employer must automatically enrol you into a pension scheme and make contributions to your pension. To learn more about workplace pensions and auto enrolment, visit the Government website.

The People’s Pension

When working PAYE with Pulse, you’ll automatically be enrolled as a member of The People’s Pension.

The People’s Pension is a workplace pension scheme provided by a not-for-profit company called B&CE, who have been providing pensions for more than 30 years. Being a not-for-profit company means that they don’t have shareholders, so any profits they make can be used to make things better for their customers.

The People’s Pension has more than three million members and tens of thousands of employers like us have chosen it for their staff. It’s the biggest private-sector automatic enrolment workplace pension scheme in the UK.

Further information

The People’s Pension website has lots of useful information regarding your pension you may need now or in the future, for example:

• Joining The People’s Pension
• How to set up your online account
• Learn about your pension
• How they look after your money
• Help to settle any concerns
• Opting out of your workplace pension

How to opt out

If you do decide you want to leave The People’s Pension you can do so by contacting them. Please ensure you have the following to hand:

• Your customer number (you can find this on your joiner letter or email)
• Your date of birth
• Your National Insurance number.

You can call their automated ‘opt out’ phone service on 0300 330 1280 — or you can tell them you want to leave online.