point Talking Talking - PRAG

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My word! OK, so I know a company pension scheme may not be the most exciting Say goodbye to ‘pensions speak’: company <strong>Talking</strong><strong>point</strong> aims to cut through the jargon to help you benefit that Otto UK gives its employees (unlike the great understand how your pension works and what you need to shopping discounts we get!), but research done earlier this do to stay on track for a financially secure retirement. year showed that a workplace pension is still considered As well as giving our active members some ideas on how the most important perk an employer can offer. they can grow their pension (page 10), we’ve also included However, while three-quarters (75%) of employees believe it a section dedicated to pensioners, highlighting ways is important to have a pension that comes with their job, they may be able to get more benefits from the State. less than half (48%) have confidence in pensions when I hope you find it an interesting read. Please let us know compared with other forms of retirement savings. A lot of it what you think (our contact details are on the back page). is down to the fact that pensions just seem SO complicated, and also the industry has had a lot of bad press in recent years. So, how do we close the gap? Well, a newsletter such Norman Finnigan as this one is a start. Chairman of Trustees 2
what’s inside Money matters 4 Investments Changes to our investment strategy 6 Your pension and the credit crunch 9 Top up your pension 10 Update to funding position 12 Pensioners’ pages 14 Contact us 16 3
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point Talking Talking - PRAG

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