Advice on your options
Deciding what to do with your pension is a big decision. We strongly recommend that you seek advice about your options.
To help you with this the Trustee has appointed LV= to support you when making a decision about your pension. If you want general retirement planning advice,the Trustee has negotiated a competitive, fixed-rate advice fee for members. If you want to discuss the Pension Increase Exchange (PIE) option specifically, the Trustee will provide a paid-for advice session with the experts at LV=.
LV= can give you regulated and impartial advice about:
- retirement options from the Sainsbury’s Pension Scheme
- whether or not to transfer your pension
- whether or not to take the PIE option
- flexible retirement options, including drawdown
- buying an annuity
- the options for any other pensions that you have
- lifetime allowance issues (alongside retirement advice)
Simply click here to visit the LV= retirement advice service directly, where you will find a full rundown of LV=’s services and how you can access them. From this page you can also meet the experts who form part of the LV= team. Each team member is passionate about pensions and they’re on hand to help if you need them.
For a quick overview of the services LV= offer, take a look at this short leaflet. Alternatively, if you’d like to read about the paid-for PIE advice, click here.
Everyone has unique needs and circumstances – read our case studies to see how LV= has helped other Sainsbury’s Pension Scheme members.
Find out more about LV's fixed-rate retirement advice service here or the paid-for PIE advice here.
Everyone has unique needs and circumstances – read our case studies to see how LV= has helped other Sainsbury’s Pension Scheme members.