If you’re a member of both sections of the Scheme, XPS is your Scheme administrator. You can, however, use both sections of this website to find out about your DB and DC pensions. If you have any questions about your DC and DB pensions, please contact XPS.
You can view both your DC and DB benefits on XPS’s secure online member portal, MyPension.
If you have a question about the funds that your DC pot is invested in, please contact Legal & General (L&G) which manages your DC funds. You can also view and manage how your money is invested on L&G’s secure online member portal, Manage Your Account.
If you have benefits invested with Prudential, XPS is also your Scheme administrator. Please contact XPS if you have any questions.
This is where you can find information about your current pension if you’re a Partner now, or were a Partner after 1 April 2015. The Defined Contribution pages are probably the most important for you.
Members who joined the Partnership before 1 April 2015 may also hold DC pension pots with Prudential or Legal and General, as well as a Defined Benefit Pension in the Scheme. We previously referred to this as Hybrid or Dual Benefit. This is because you may have joined the DC Section of the Scheme when you started working at the Partnership and then, after a defined waiting period (which depends on the date you joined the Partnership), you would have become eligible to join the DB Section.
The DB Section closed on 1 April 2020 and therefore members who joined after 1 April 2015 will only have a DC Section pension pot.
You’re likely to be a member of the DB Section of the Scheme if you worked at the Partnership before 1 April 2015. XPS is the administrator of the DB Section.
The DB Section closed on 1 April 2020 and therefore members who joined the Partnership after 1 April 2015 will only have a Defined Contribution pension pot.