Preparing for retirement

The Avon Pension Fund will again be working with Affinity Connect in 2021, to offer Pre-Retirement Online Courses. The courses are designed to help scheme members plan for a positive retirement.

Affinity Connect are one of the UK’s largest providers of retirement and redundancy services to the public sector.

Affinity Online Pre-Retirement Course

Keeping your retirement plans on track can be a challenging task and it is now more important than ever to make sure you are in control of your retirement plans.

To guide you through the options available, Affinity Connect will be running a dedicated 2-hour Pre-Retirement Online Course.

This is for those of you who are:

• Thinking about retiring or taking your pension benefits within the next three years
• Wanting to understand some of the key financial considerations about retirement

The Presentation will address some of the key questions and considerations when approaching retirement and will cover essential topics such as:

• Income needs in retirement
• The state pension
• Workplace pension savings
• Other savings and investments
• Inflation
• Tax allowances
• Next steps and further guidance

Pensions Increase

Will my pension go up?

Your annual pension is reviewed each April, so that it reflects the cost of living. The amount of Pensions Increase is based on an index specified by the Government.

Pensions Increase is currently based on the change in the Consumer Prices Index in the 12 month period up to the end of the previous September.

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