Your employer has chosen the Cheviot pension as its workplace pension. We are very pleased to welcome you as a member and help you save enough money to have a comfortable retirement.
Cheviot is an authorised Master Trust. This means that the Pensions Regulator has reviewed our governance arrangements and systems to ensure they meet a high standard so you can be confident that your savings are well looked after and secure.
The Trust is managed by a Board of Trustee directors. Some of the directors are members of the Trust and others represent employers. All the directors are responsible for looking after your interests and making sure the Trust runs smoothly. Click here for more information about the Trustee.
The Cheviot pension is a money purchase scheme, sometimes called a defined contribution scheme. A money purchase scheme provides a fund for members to use at retirement. You and your employer make contributions which the Trustee invests for you. The size of the fund depends on how much you and your employer contribute, how much the investments grow and the charges.
See below for information about the With Profits Section.