Resources

Help and guidance with your pension

On this page you’ll find resources and useful contact details for finding help and guidance with your pension.

Member portal

Our member portal gives you secure access to your benefits and details at any time.

Log in to Benpal

You can log in to Benpal to:

  • see the current value of your pension benefits
  • check and update your personal details
  • see and change details of the people you’d like benefits to go to when you die.

Once you’ve registered for the member portal, you’ll be able to log in with your Unique ID and password.

If you forget your password in future, choose ‘Forgotten your details?’ and enter your Unique ID. You’ll then receive a link to reset your password to the email address you registered with.

Santander Support Fund

This Fund exists to provide financial support and assistance to past and present Santander employees and their families who are facing financial pressures. It was set up after Santander, saw how the rise in the cost of living was affecting employees and approached the Bank Workers Charity for help.

Anyone who has worked for any of the Santander employers, or is a Santander pensioner, can access the Bank Workers Charity’s full range of wellbeing support and services. These include counselling, dealing with debts, help to access benefits and advice on flexible working rights. These services are free and confidential. If you access support from the Bank Workers Charity, no-one will know unless you tell them.

If you’re struggling financially, you may be able to get a grant from the Bank Worker’s Charity. Find out more about who’s eligible and how to apply or contact the Bank Workers Charity helpline: 0800 0234 834 (Monday to Friday, 9am to 5pm).

Useful organisations

MoneyHelper

MoneyHelper is a free service from the government. Its website has information and guidance about a range of money matters including pensions and retirement.

MoneyHelper includes Pension Wise, a service which offers impartial guidance about pensions and retirement. Pension Wise also offers appointments specifically for people over 50 who have DC benefits, such as those in LifeSight. You can find out how to book an appointment in the Pension Wise section of the MoneyHelper website.

Pension Wise doesn’t offer appointments for explaining defined benefits (DB) such as those from our Scheme. However, you can still get help from a pension specialist by phone or webchat.

Website, including live webchat: www.moneyhelper.org.uk (Monday to Friday, 9am to 5pm, except bank holidays).

Pensions helpline: 0800 011 3797 (Monday to Friday, 9am to 5pm, except bank holidays).

Post: MoneyHelper, 120 Holborn, London EC1N 2TD

HM Revenue & Customs (HMRC)

You can contact HMRC if you have any questions about tax matters – including income tax, National Insurance and pension tax allowances.

Website: www.gov.uk

Contact information: www.gov.uk/contact-hmrc

The Pensions Ombudsman

The Pensions Ombudsman is an independent organisation set up by law to deal with pension complaints. They look at the facts without taking sides and their service is free.

You can contact the Pensions Ombudsman for help with a complaint you haven’t been able to resolve with your pension scheme.

Website: www.pensions-ombudsman.org.uk

Phone: 0800 917 4487 (Monday to Friday, 10am to 2pm)

Email: enquiries@pensions-ombudsman.org.uk

Post: The Pensions Ombudsman, 10 South Colonnade, Canary Wharf E14 4PU

You can also fill out a complaints form online at: www.pensions-ombudsman.org.uk/contact-us

Pension Tracing Service

This is a government service you can use to find contact details for pensions you’ve lost track of. You need the name of an employer or pension provider to use the service.

Website: www.gov.uk/find-pension-contact-details

Phone: 0800 1223 170

Post: The Pension Tracing Service, The Lantern, High Street, Ilfracombe, EX34 9QB

The National Pension Tracing Day website also has resources to help you find lost pensions, including a step-by-step guide to using the Pension Tracing Service.

Getting financial advice

Neither Buck, a Gallagher Company, nor Santander UK plc, nor the Scheme Trustees can give you advice about what you should do with your pension benefits.

If you would like personalised advice about how to take your pension, tax planning or leaving money to your dependants, you should think about speaking to a qualified independent financial adviser who is regulated by the Financial Conduct Authority (FCA) and is on the FCA’s register of authorised firms.

The government’s MoneyHelper website has a guide to finding a financial adviser and a directory of financial advisers who can give advice on pensions. MoneyHelper states that all the advisers in the directory are regulated by the FCA.

Alternatively, you can look at the Personal Finance Society (PFS)‘s What we do for the public section. This includes a directory of independent financial advisers. You can filter the advisers to find those that specialise in retirement planning.

Pension scams

Pensions are valuable – and that makes them a target for scammers who would like to get their hands on the money.

With modern technology, scammers can produce professional-looking materials and even ‘clone’ websites of legitimate companies. They use psychological tricks and sophisticated marketing techniques to play on people’s ‘fear of missing out’.

A common scam tactic is to offer a free review of your pension, followed by an invitation to transfer your pension benefits out to somewhere you will, supposedly, get better value. They may say your defined benefit pension is ‘frozen’ and giving you poor value and suggest you’d be better off transferring it out of its scheme.

How to avoid scams

If you’ve been made an offer you think is a scam

The best way to combat scams is to report them. If you’ve been made an offer about your pension and you think it’s a scam, report it to FCA Scamsmart.

You should also report scams to Action Fraud, a reporting centre run by the police.

If you think you’ve been scammed

If you’ve gone ahead with a pension transfer but are now worried it’s a scam, call your pension provider as soon as possible. They may be able to stop the transfer if you are quick enough.