91Èȱ¬

What is LifePlan?

LifePlan is the 91Èȱ¬'s defined contribution plan predominantly for staff who joined after 1 December 2010.

It is also available for staff who joined the 91Èȱ¬ before 1 December 2010 although ordinarily employees who joined before this date would be members of either the 91Èȱ¬ Pension Scheme or the Group Personal Pension Scheme.

LifePlan is a collection of individual personal pension contracts held with Aviva. As a member, you have your own individual contract within LifePlan and if you change jobs or take a career break, you will be able to continue to contribute to your individual pension plan if you wish.

Who can join?

If you are employed on a continuing or fixed term contract you will be able to join LifePlan. To join LifePlan or vary your contributions login to the site via Gateway or for more information visit . 

Aviva periodically hold 'An Introduction to 91Èȱ¬ LifePlan' webinars for new staff.  Visit the to see the available dates and book a place.

If you are unable to attend or there isn't a session available you can also watch the .  

How much does it cost?

You decide how much you want to contribute, from 5% of your salary to as much as you like, and the 91Èȱ¬ contribute up to 10% as shown here

For example, a member contribution of 13% of salary, plus the maximum 91Èȱ¬ contribution of 10% would mean a contribution of 23% into your LifePlan.  The 91Èȱ¬ will match your contributions up to a maximum of 10%.

If you die in service while you are a contributing member of LifePlan - your beneficiaries will receive the following benefits:

• a lump sum of four times your basic salary plus any London weighting, at the date of your death; and
• the value of your fund in LifePlan will be paid as a cash sum.

LifePlan is set up on a salary sacrifice basis called Smart Pensions.  This is an easy way to make contributions to LifePlan which can help make the cost of saving a little more affordable for you and the 91Èȱ¬.  Details of Smart Pensions are provided in the additional information in Documents.

Complete the online application

To join LifePlan or vary your contributions, login to or to find out more visit . 

Investing your contributions

When you join your contributions will be invested in the My Future Focus Investment Programme. The fund automatically manages your investments in the run-up to your selected retirement age and has been designed to suit the majority of members.  However, if this doesn't suit your circumstances or retirement aims you can also choose your own investments from the range available.  Please remember that the value of investments can fall as well as rise.

You can review and change your investment options once your MyAviva account has been set up.

Register for MyAviva

Once you have received your plan documentation, download the MyAviva app and complete the registration.  You can use My Aviva to:

• Get an up to date valuation of your pension as easily as checking an online bank account.

• Review your investments from the range of options available, including a socially supportive investment programme. You can switch existing funds and re-direct future contributions.

• Initiate a transfer in.

• Pay single premiums.

• Access the pension forecaster.

• Change your planned retirement age (the default for LifePlan is age 65).

• Add or update beneficiaries.

Watch this short video about . 

Webinars

If you are already contributing to LifePlan, Aviva hold regular sessions about different aspects of pensions.