This year there have been further changes in the assumptions used to calculate your benefit projections.

Prior to 1st April 2018, members paying the minimum 2% employee contribution to the Plan were entitled life assurance of two times pensionable salary. From 1st April 2018 all members of the Experian Retirement Savings Plan will be entitled to life assurance of four times pensionable salary.

Experian Retirement Savings Plan has published the Annual Report and Financial Statements (AR&FS) for the year ended 31 March 2017. The AR&FS is a key document which demonstrates that the Trustees and Administrator are running the Plan efficiently and in accordance with the Rules. 

If you’re a contributing member of the Experian Retirement Savings Plan (ERSP), you’ll have recently received the attached guide about the limits for tax-free retirement savings, as well as the options available to members who are most likely to be affected, and any action that may be required to avoid a potential tax charge.