If you would like to opt out of the Pension Scheme, you should follow the instructions below depending on who your employer is:
If you are employed by Primark and would like to opt out, please call Group Pensions on 0800 090 2267. When you call, you will need to have all the following information to hand:
- Your full name
- Your date of birth
- Your National Insurance number
- Your Employer
- Your Payroll/Employee number
- The Payroll that you are on - you will need to obtain this information from People & Culture or Payroll.
As a Primark colleague, when you are automatically enrolled you have a period of one calendar month from the date your enrolment letter/email is issued to opt out of the Scheme and receive a return of your contributions. If you opt out after one calendar month, your benefits will remain deferred in the Scheme.
Depending on the timing of your opt out request and your payroll cut-off, a further contribution may be deducted from your pay before a refund is issued (if you are due to receive a return of your contributions).
Please remember: you can't opt out until you have been automatically enrolled.
If you are employed by Fortnum & Mason and would like to opt out, please complete this Opt Out Form and return it to Fortnum & Mason using the details shown on the form.
As an employee of Fortnum & Mason, when you are automatically enrolled you have a period of one calendar month from the date your enrolment letter/email is issued to opt out of the Scheme and receive a return of your contributions. If you opt out after one calendar month, your benefits will remain deferred in the Scheme.
Please remember: you can't opt out during your three month postponement period.
If you are an employee of any of the ABF Foods businesses and would like to opt out, please call Group Pensions on 0800 090 2267. When you call, you will need to have all the following information to hand:
- Your full name
- Your date of birth
- Your National Insurance number
- Your Employer
- Your Payroll/Employee number
- The Payroll that you are on - you will need to obtain this information from your HR or Payroll
As an employee of one of the Foods businesses within the ABF Group, the Company has enrolled you into the Scheme as a condition of your employment. You have a period of 30 days from the date you joined the Company to opt out and obtain a refund of your contributions. If you opt out after this 30 day period, your benefits will remain deferred in the Scheme.
If you opt out and are automatically re-enrolled into the Scheme at a later date, you have a period of one calendar month from the date your enrolment letter is issued to opt out of the Scheme and receive a return of your contributions. If you opt out after one calendar month, your benefits will remain deferred in the Scheme.
If you do decide to opt out, please remember this could mean you are not saving any money for when you retire. You will also be losing out on money the Company will pay into your pension if you stay in the Scheme.
If you opt out you will also no longer be covered for death in service and ill health benefits if you die or become too ill to work. To find out more about this valuable benefit, please click here.
There may be times when the Company will have the legal obligation to automatically re-enrol you. You will be contacted before a decision is made, and you will have to opt out again if you wish.
Your opt out request will be processed by your Payroll department for the next available payroll run. If your instruction is received close to or just after your payroll cut-off, it will be processed in the next payroll period.