This version of the modeller is only for those who haven't yet joined the plan.
A different modeller, pre-populated with your personal data and existing account balance,
is available if you're already a plan member (or you've been a member, and have now left).
To access it, you'll need to log in to the secure area of the website.
You'll need to agree to having read and understood the following notes before being able to continue.
Notes
The modeller is intended for illustrative purposes only and its results do not constitute a promise or guarantee of the benefits you'll receive. The modeller should be used in conjunction with other available data and not as the sole source of information when making decisions about your pension arrangements.
The monthly contributions shown on the modeller are before tax relief and will change as your salary increases or decreases.
All modeller results are shown in today's terms and are rounded down to the nearest £10. The graphical display is not an accurate representation of the figures.
We've made every effort to keep the information up-to-date and accurate but we cannot guarantee this. Neither the trustee nor Cable & Wireless will accept responsibility for any loss, damage or inconvenience caused by any error or inaccuracy on this website.
The plan is governed by a trust deed and rules. If there is any conflict between the information on this website and the trust deed and rules, the trust deed and rules will apply.
Assumptions
The calculations assume:
- an investment return of 4% a year (after inflation)
- that your contributions will continue at the selected rate until retirement
- that your salary will increase at 2.5% a year until you retire, and that future contributions are based on these increased amounts
- that based on the selected retirement age, the annuity rate (the cost of buying a pension) will include a 50% contingent spouse's pension (where the male partner is assumed to be 3 years older than the female), a 5 year guarantee and an allowance for pension increases in line with RPI. The annuity rate also assumes a 4% expense charge.
- that your chosen seniority remains constant until retirement.
The assumptions made may not reflect what will actually happen in practice. As a result, the actual amount of pension you receive at retirement may differ significantly from the output of the modeller as it will depend on many factors. These include the actual performance of investments and the cost of buying an annuity when you retire.
More information
If you would like more information about your benefits or you have any questions about the modeller, please contact the pensions team.
