DC Annual Benefit Statements for 2025 are now available online
30.06.2025
If you’re a member of the Defined Contribution (DC) section, you can now login to your online account to view your latest Annual Benefit Statement.
- If you’ve already registered for online access, click here to login. If you’ve forgotten your login details, you can click ‘forgotten your login details’ to reset them.
- If you haven't logged in before, you will need the login details we sent to you by email when you first joined the Scheme.
If you experience any issues accessing your online account, please contact us.
What does the annual benefit statement show?
Your statement is designed to assist you with your retirement planning by showing you how much you have in your Pension Account on 5 April 2025, how much you could have at retirement and, if you’re an active member of the scheme, what you could do if you wanted to save a bit more.
It’s important to note that the value of your pension account can go up and down depending on investment performance. During April, global economic events led to increased investment market volatility which we covered in our April news story. If the fund value on your annual statement looks different to what you were expecting, please keep in mind that the value of your account may have changed since 5 April 2025. You can view your latest fund value by logging into your online account.
How can I increase my contributions?
If you’re still paying in, you can increase your contributions, by completing a Contribution Change Form, and returning it to your payroll team.
Can I change my investment options?
Yes - we offer a range of different options for you to choose from and recommend you review your investment choices regularly to make sure they are still right for you. Visit the investments section of our website for more information.
You can find details of the relevant charges and transaction costs in the annual DC Chair's statement. You may also wish to review the Statement of Investment Principles (SIP) which sets out the Trustee’s policies on the default investment fund offered by the Scheme.
I have another pension account elsewhere; can I transfer it into the ABF Pension Scheme?
If you’re still paying in, you will usually be able to transfer your other pensions into the Scheme. To find out what you need to do to get started, click here.
I’m an active member of the Scheme, how do I know if I am covered for death in service and ill health benefits?
If your Benefit Statement shows that you haven’t completed a medical declaration in the ‘What would I leave behind?’ section, you will need to complete one before you will be covered for the valuable death in service and ill health benefits provided by the Scheme. For further details on how to do this, read our medical declaration webpage.
How can I change my nominated beneficiaries?
The quickest and easiest way to update your nominated beneficiaries is through your online account. Once logged in, select ‘My account’, then ‘Nominations’. Alternatively, you can download a Nomination Form from the Pension Scheme website, fill this in and return it to us.
Can I transfer my pension account to another arrangement?
If you’re no longer paying in, and you wish to transfer your pension account to another arrangement, get in touch and we can provide you with the information and forms you will need to get started.
Further help
If you have any difficulty in using the website or you have any pension-related questions, please contact us.
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