Welcome to the website for the Provident Financial Staff Pension Scheme (the Scheme)
Plan for the retirement you want
Meet the Trustees
Find out who your Trustees are and their responsibilities to the Scheme.
Are you taking your pension?
Find out about your benefits and the choices you have.
Plans for the future
Find useful information on planning for retirement, setting your targets and other benefits you may receive when you retire.
What happens if?
Find useful information on what could happen in the event something in your life changes or if you're thinking about leaving the Scheme.
Pensions in the news
State Pension increase 2024/25
January 2025
The State Pension will increase by 4.1% in April 2025 which is the increase in wage growth. This is part of the 'triple lock' system, which ensures that the State Pension rises each year by the highest of 2.5%, inflation, or wage growth. As a result:
• The full, new flat-rate State Pension (for those who reached State Pension age after April 2016) will be £230.25 a week, increasing by £472 a year.
• The full, old basic State Pension (for those who reached SPA before April 2016) will be £176.45 a week, increasing by £363 a year.