The Macquarie Retirement Savings Plan
A new home for your defined contribution pension savings
This information hub has been designed to help you plan ahead for your future retirement and get the most out of your new pension account in the Macquarie Retirement Savings Plan. Fidelity will send you a welcome pack in April with details of your new pension account but you can get a sneak peek of what to expect below. You’ll find interactive tools and on demand videos, along with transition timelines and answers to common questions.
Here's what you can expect over the next few months:
Mid July: The proposed bulk transfer exercise will take place, and your pension value will be combined in your Macquarie Retirement Savings Plan.
8 – 29 July: While we process the transfer you won't be able to make any changes to your account between these dates. You can still check your balance, view and print statements, and track your contributions in PlanViewer.
End of July: The transfer should be completed by the end of July. We'll contact you to let you know when it's all done and your previous plan has been closed.
PlanViewer is your gateway to your new pension. Remember that you’ll need to register with the new details provided in your welcome pack to manage your pension account. Once registered you can track your savings, update your personal details, investment options, nominate your beneficiaries and select your target retirement age.
You can also use it to access fund information, the investment modelling tool, key plan information, and all our tools and guidance, plus a whole lot more.
Once registered for PlanViewer, you can see clearly where your pension savings are invested, and share your voice on environmental, social and governance (ESG) issues. When you vote on Fidelity Illuminate, you're expressing an opinion not voting. The managers of investment funds have the right to vote at the Annual General Meetings (AGM) of companies that funds invest in. As it's your money invested in those funds your opinion on those companies matters, which is something fund managers might consider when they vote at companies' AGMs.
If you have built up savings in several pension plans with different employers, you may have the option to move your pensions, but please note pension transfers are a complex area and may not be suitable for everyone.
You'll soon receive a communication inviting you to take part in a bulk transfer excercise of assets from the existing Aegon Plan.