Many people would rather not think about starting a pension - but remember that every day you put it off may make a difference to your income when you eventually retire. And by then it could be too late to do anything about it.
Before deciding on how much to pay into the BTRSS, you can also consider the amount that you will receive as state benefits. Please see the State Pension page for further details. You may also wish to try using the Retirement Planner (this program will only work in Internet Explorer) to explore the impact of paying different payment levels which can help you decide how much to pay into the scheme. Remember, the more you pay into your plan, the payments from BT will also increase as shown in the table on the What will BT pay? page.
If at any time you are unsure of what to do, in the first instance, contact Standard Life on 0800 066 5432. If you require advice on the payment and investment options, we recommend you seek financial advice.
There may be a cost associated with this and you should note that neither BT nor Standard Life will be able to provide any advice to you. If you do not have your own financial adviser, you can find one in your area by visiting unbiased.co.uk
Please note: Links to external websites are outside Standard Life's website and will open in a new window. Standard Life is not responsible for the content of external internet sites.
