Due to the nature of the pension tax rules, it is impossible for ABF Group Pensions Department to know your exact position. We will, of course, provide all the information you need in respect of your ABF Pension Scheme benefits.
Under the tax rules, you will be required to collate the information you need each tax year, and to declare through self-assessment any excess pensions savings that may trigger a tax charge. If you believe that you are impacted by the tax rules we strongly recommend that you seek financial advice – you can find an approved adviser in your local area on www.unbiased.co.uk.
The information you need to collate is relatively straightforward but may come from a number of sources. The information you need each tax year includes:
- Your total taxable earnings, including benefits in kind, from all sources
- Your pension benefits from all sources. If you have other benefits from a different pension arrangement, you should obtain information from the relevant provider direct.
As a contributing member of the DB Section, you can find relevant information about your benefits by logging into your online account.
To log in click here. If you have not registered to access your online account by providing your email address and creating a password and memorable passphrase, please contact the team for details of how to register. If you have forgotten your log in details, please follow the ‘forgot password?’ link.
If you have any questions, please contact us.