Who provides DHL pension?

Who is the Trustee? The DHL Group Retirement Plan is the sponsored pension plan for UK employees of DHL; it is financially and legally separate from DHL although we work closely with DHL as the company that supports the scheme.

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Regarding this, can I cash in my DHL pension?

This means that you can take your entire DHL Group Retirement Plan retirement savings as cash. Up to 25% of the lump sum would be tax-free, with tax paid on the remainder. … If you are currently employed and receiving a salary, taking your pension could potentially mean that you move up to a higher tax band.

Hereof, what is DHL lifestyle annuity? If you choose to buy a regular income, known as an annuity, you’ll have: A regular, secure income paid for the rest of your life by a provider outside the Plan. … Tax-free cash – the option to take up to 25% of your pension account as a tax-free cash lump sum at the point you retire.

Keeping this in consideration, do I have a state pension UK?

To get the basic State Pension you must have paid or been credited with National Insurance contributions. The most you can currently get is £137.60 per week. The basic State Pension increases every year by whichever is the highest of the following: earnings – the average percentage growth in wages (in Great Britain)

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