The Trustees are pleased to announce the launch of a new retirement support service now available to members that are five years away from their selected retirement age, the Aon Retirement Service.

The website is free to use and offers you access to a wealth of support to help you plan for your retirement – you can access valuable information at different stages on your journey to retirement. There is also a telephone and email helpline to answer any questions you may have, either about using the site or about your retirement options in general. Information regarding the site, the link to access it and how to use it will be sent to you as you approach age 60.

The website includes useful links, for example, to help you estimate the amount you could receive in State pension, or to find pensions you have had with previous employers.

The site brings all the information together in one place and is easy to navigate. To help you make informed choices you have access to our unique personalised Retirement Options Report. This is an ideal starting point as you are approaching retirement.

The Retirement Options Report illustrates the different options available to you within a clear and simple report which you can print and save.

At a glance, the other key features include interactive tools such as:

• a budget planner so you can have a clear idea as to how much money is required in retirement.
• an enhanced annuity indicator which illustrates how much income you would get if you want to purchase a guaranteed income for life via an annuity.
• a tax calculator which can help you understand your tax position in the current financial year when taking a cash lump sum from your pension.
• a drawdown risk calculator which can show the risk of running out of money during your retirement if you want to keep your money invested rather than purchase an annuity.

Aon will be in contact as you approach retirement with a reminder of these services and details of your unique login details.