Should you pay more into your pension?
Simply enter your age and salary into our calculator to see how small changes to the amount you save can make a difference to your pension pot.
The power of small amounts
How contributions are made
Regular contributions - building up your pension pot
Your workplace pension helps you to build up a pot of money that you can use when you retire. Your employer will usually make regular payments into your pot on your behalf. And you may also make regular contributions from your salary. These will be deducted from your pay before you receive it each month and paid across to Fidelity on your behalf.
Money going into your pension is boosted by tax relief, which is effectively an incentive from the government to encourage you to save for retirement. It means that you don’t have to pay tax on your contributions, even though it is money you receive from your employer. However, there are restrictions on the amount of tax relief you can receive each year, known as the annual allowance.
Tax treatment depends on individual circumstances and all pension and tax rules may change in the future. The minimum age you can normally access your pension savings is currently 55, but this is due to rise to 57 in 2028.
Go to our pension tax allowances page for more information on pension tax relief.
View the contribution levels available to you
Log in to PlanViewer
To log in for the first time you'll need your Fidelity Reference Number which can be found on any letter from us
Go to 'Plan Information'
If logging in via the app, you'll need to click on 'Actions'
Select 'Plan forms and literature'
In the app, select 'Plan forms and documents' and download the Contributions Explained document
Get more out of your pension
