News

01 May 2024
Life re-starts at retirement

We’ve pulled together our top tips to help ease recent retirees into life after work and enrich their experiences.

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04 April 2024
Changes to tax limits and how they affect you

The Lifetime Allowance (LTA) will end in April 2024 and will be replaced by new allowances.

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22 March 2024
Boosting your pension with Additional Voluntary Contributions

You can pay extra towards your ENW pension, tax free, with Additional Voluntary Contributions.

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18 March 2024
2024 increase for ESPS section pensioner members

The level of pension increase to apply to any RPI linked element of your ESPS pension will this year be capped at 5% and is payable with effect from 1st April 2024.

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07 March 2024
Your pension updates from the Spring Budget 2024

On 6 March the Chancellor of the Exchequer, Jeremy Hunt, delivered the government’s Spring Budget 2024. So, what does it mean for pensions?

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05 March 2024
Maximise your pension saving before the 2023-24 tax year ends

The tax year is ending soon. Here’s why you might want to save more into your pension before the tax year is up.

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22 February 2024
Cost of retirement up by thousands

New figures show that the cost of retirement has risen by up to £9,100 a year, depending on the type of lifestyle you want when you stop work.

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22 February 2024
Scams are on the increase - keep your guard up!

Pension savers have lost a total of £26.4 million to pension scams in the past few years.

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02 February 2024
Make sure your loved ones are provided for

Have you thought about what will happen to your retirement savings if you die? It’s not the most cheerful topic, but it’s a relief to know that your loved ones are provided for.

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08 January 2024
Kick-start your financial fitness, this new year

It can be easy to overspend in the festive season, but January is a great time to reassess your finances and savings.

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28 November 2023
Autumn Statement 2023

The Autumn Budget included several possible changes that might impact pension saving in the future.

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13 November 2023
Tis the season to be cautious - stay safe from scams over the festive season

With just over a month to go till Christmas, this may be one of the busiest times of the year for shoppers’ bank accounts.

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06 November 2023
If you could do one thing to boost your financial wellbeing, what would it be?

One step, one simple action - sometimes that’s all it takes to kick start a journey to a more financially-aware and happier you.

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30 October 2023
Why you might hear from Lexis Nexis

We sometimes need to contact members, to confirm that the information we hold for you is correct and up to date. To do this for our DB members, we work with the scheme administrator, Railpen, and global data company, LexisNexis Risk Solutions.

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25 October 2023
Finding a lost pension could transform your future

One in 20 people have a lost pension and over 26.6 billion pounds are lost in misplaced pensions. Do you have a pension you’ve last track of?

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09 October 2023
Write or change your will for free in October 2023

If you’re 55 or over you may be able to have a will drafted for you, or change your existing will if you already have one, free of charge.

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25 September 2023
Latest newsletter out now

The latest edition of your member newsletter, Pension News, is available now.

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21 September 2023
Pay Your Pension Some Attention

The Pay Your Pension Some Attention campaign is back for a second time, to help you get to grips with your pension.

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06 September 2023
Understanding pensions better, with Pension Awareness 2023

The national Pension Awareness campaign is marking its 10th birthday, with a series of free, online events from 11-15 September 2023.

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24 August 2023
Transfer of the DC Section to the LifeSight master trust

As part of a pension benefits review, and following employee consultation, the Company will be implementing a new pension arrangement with LifeSight.

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09 August 2023
Take a midlife MOT

It’s never too late to take control of your finances, and your future.

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26 July 2023
Understanding the State Pension

As the State Pension marks its 75th anniversary this month, we take the opportunity to provide an overview of the way this vital state benefit works.

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04 May 2023
Look after your successors with an Expression of Wish

King Charles III will be crowned successor to the throne on Saturday 6 May, but have you thought about what your own ‘successors’ might get in the event of your death? An Expression of Wish could make a difference.

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24 April 2023
Spend or save your bonus?

The bonus sacrifice scheme for 2023/24 is open from Monday 24 April to Sunday 14 May.

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18 April 2023
Tax relief and tax allowances explained

Some useful information and explanations of tax relief and all tax limits following the start of the new financial year on 6 April and the announcements made as part of the Spring Budget on 15 March.

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20 March 2023
How the Spring Budget affects you and your pension

The Spring Budget included several changes that could affect the tax some members pay on their pension savings.

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08 March 2023
Managing your pension has never been easier

With an online pension account, you can now manage your pension, easily and securely, anytime, anywhere!

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08 March 2023
Free will writing initiative continues in 2023

Free Wills Month is back this month offering those aged 55 and over the opportunity to have a will drafted or updated free of charge.

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22 February 2023
Power up your State Pension before the end of the tax year

The new tax year is just around the corner but you still have a few weeks to get your finances in order before the current one is up.

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13 February 2023
Make the most of pension saving before the 2022/23 tax year is up

The 2022/23 financial year is soon to come to an end meaning two things for pension savers. Now is not only a perfect time to make sure you are making the most out of your pensions tax benefits, it’s also a great chance to review your saving plan in general.

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24 January 2023
Is your retirement income on track?

Costs for a basic standard of living in retirement have increased over the last year by almost 20% due to high inflation

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23 January 2023
Pensions Quality Mark renewal

We are happy to confirm that The Electricity North West Group of the ESPS: DC Section of the Scheme has met the Pensions Quality Mark Plus (PQM) standards for the 11th year running.

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16 January 2023
New year, new job? Make the most out of your new pension

With the new job comes a whole host of other new things you need to think about or at least be aware of. One of those things is your new pension plan.

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16 January 2023
Moving jobs? Stay connected with your old pension!

Save yourself the hassle of having to hunt down old pensions by simply keeping track of them all as your career progresses.

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05 December 2022
Pensions and the Autumn Budget 2022

An overview of the announcements made in the Autumn Budget and what they mean for pension savers.

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05 December 2022
Season's greetings and Helpline opening times

Helpline opening hours over the festive period.

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30 November 2022
Member-Elected Trustee Directors Election

We are pleased to announce we have filled the two Member-Elected Trustee Director vacancies.

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15 November 2022
Beware of pension scams over the festive period

The hustle and bustle of Christmas and the busy festive period can provide perfect opportunity for fraudsters to do what they do best – part savers with their money.

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04 November 2022
Hargreaves Lansdown cost-of-living crisis webinar

Hargreaves Lansdown (HL), our appointed Retirement Service provider for DC members of the pension scheme, ran some webinars in September to help navigate the cost-of-living crisis.

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02 November 2022
Time to talk money

Talk Money Week – an annual public awareness campaign, run by the Money and Pensions Service, is to take place this month.

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27 October 2022
Member-Nominated Trustee Directors Election

We contacted active and pensioner members recently asking for nominations for Member-Elected Trustee Directors. We have received four nominations for the two positions.

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27 October 2022
Reunite with an old or lost pension this October

National Pension Tracing Day takes place on 30 October and aims to encourage pension savers to track down old or lost pension pots.

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26 October 2022
It's free wills month

Free wills month is taking place this October for a second time this year. It allows those aged 55 and over to have a will drafted or updated free of charge.

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17 October 2022
Pay your pension some attention events to take place in October

Pension Awareness Week events were originally scheduled to run in September but were postponed following the sad news of the passing of Her Majesty The Queen and the period of mourning that followed.

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11 October 2022
Important information for active DB Section members

Following the issuing of this year’s Pension Savings Statements, the Trustee and Railpen are aware that many members have concerns regarding the Pension Input Amounts (PIAs) quoted.

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08 September 2022
Pay your pension some attention!

Organisations from across the pensions industry are joining forces this autumn/winter to help you understand your pension and get your retirement plans on target.

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01 September 2022
Trustee election update

A recording is now available from the recent trustee Q&A session, explaining more about what the trustee role involves.

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19 August 2022
Pensions trustee election

If you are an active member or pensioner of the Scheme, you will shortly receive a communication setting out the election process to fill two member-elected Trustee Director vacancies.

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19 July 2022
A helping hand for your loved ones

There are many great things about being part of the Electricity North West Group of the Electricity Supply Pension Scheme. One of them is the opportunity to have your say on who you’d like to receive a cash lump sum from your pension when you die.

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05 July 2022
Plan ahead with the new Lifestyle Calculator!

Find out quickly and easily how much you should be saving for your pension.

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20 June 2022
Pensions Dashboards: bringing all your pensions together

Pensions Dashboards is a project run by the government with the help of a number of key delivery partners.

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20 June 2022
Guidance on your retirement options

If you’re aged 50 or over and request to transfer out or access any defined contribution benefits, you may need to get free guidance on your retirement options from Pension Wise.

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11 April 2022
The Tapered Annual Allowance and the three-year carry forward rule

What is the ‘Tapered Annual Allowance’ and the 'three-year carry forward rule' and how could they affect me?

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21 March 2022
5 tips to help power up your pension before tax year end

With the end of the financial year fast approaching, it's a good time to think about how to best utilise the opportunities you have to give your pension a boost.

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21 February 2022
Easy-read guides to the new state pension

The Department for Work & Pensions (DWP) has created three handy, new online guides which explain all you need to know about the new State Pension.

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16 November 2021
Financial advice is for everyone

Even someone who feels financially savvy can benefit from advice surrounding their pension.

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16 November 2021
10 questions to ask a financial adviser

Looking for a good professional, financial adviser? Here’s how to choose the best one for your needs.

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28 September 2021
ESPS AGM date and details

This year’s ESPS AGM will be held on Monday 22 November 2021, starting at 1pm.

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28 September 2021
Retirement Living Standards

Can you picture your lifestyle in retirement?

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28 September 2021
Did you pay the small stamp?

Married women who paid a lower rate of National Insurance (NI) contributions before 1977 (known as the “small stamp”) may be due a top-up to their State Pension.

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28 September 2021
The Normal Minimum Pension Age is increasing…

The Government has confirmed that the Normal Minimum Pension Age will increase from age 55 to 57 from 6 April 2028.

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27 September 2021
RPMI has rebranded to Railpen

The Scheme’s administrator, RPMI, has now rebranded to Railpen.

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29 July 2021
Don’t let criminals steal your retirement

According to the FCA, scammers defrauded people out of more than £2million worth of pension savings so far this year.

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08 June 2021
New name for pensions support

The Government-backed Money and Pensions Service (MaPS) is launching MoneyHelper.

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07 June 2021
Personal pension accounts for DB members are coming soon

In the next few months, we’ll be upgrading the ENW Pension Scheme website to allow defined benefit (DB) members to log in to your pension account.

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14 April 2021
Your 2021-2022 pension tax allowances

Your pension tax allowances for 2021 - 2022 and how this could affect you

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31 March 2021
We pledge to combat pension scams and protect savers

Pension scammers wreck lives and anyone can become a victim. The pensions industry plays a vital role in protecting savers and helping fight pension scammers

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15 March 2021
Make sure your loved ones are provided for

It's important to tell the Trustee who your beneficiaries are.

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01 February 2021
Pension news round-up

A round-up of the latest developments that may affect your pension…

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29 December 2020
Pension resolutions

As we embark on another new year, it’s the perfect time to take control of your pension and set yourself up for the future. Here’s a few tips on how to start:

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26 November 2020
Staying safe from scammers

Pension scams have been on the rise during the Coronavirus crisis.

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17 November 2020
Member-Nominated Trustee Directors Election

The Electricity North West Group of the Electricity Supply Pension Scheme (ESPS) recently held an election to fill two Member-Nominated Trustee Director vacancies.

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14 September 2020
Online access to pension records for DB members ... coming soon!

You’ll soon be able to register for access to view details of your DB membership and pension record online.

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04 September 2020
Support for pension savers

A new guide, “COVID-19 and your pension” has been published, to equip pension savers with the knowledge and support they need to make informed decisions about their pension.

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27 August 2020
Be extra vigilant of pension scams!

With fraudsters trying to take advantage of the widespread anxiety caused by the Coronavirus (COVID-19) outbreak, it’s more important than even to protect your savings and make sure you don’t fall for a scam.

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27 August 2020
Are your retirement savings on track?

You can probably picture the retirement you want – holidays, time with family and friends, a few improvements on the house, and a new car, maybe?

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31 March 2020
Budget 2020 update

Following the general election, the new government’s first Budget took place on 11 March 2020.

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05 September 2019
Pensions dashboards

Pensions dashboards were first announced in the 2016 Budget as a way to help people see information about all their pension savings in one place, including their State Pension.

READ MORE >>

<< OLDER

Life re-starts at retirement

Changes to tax limits and how they affect you

Boosting your pension with Additional Voluntary Contributions

2024 increase for ESPS section pensioner members

Your pension updates from the Spring Budget 2024

Maximise your pension saving before the 2023-24 tax year ends

Cost of retirement up by thousands

Scams are on the increase - keep your guard up!

Make sure your loved ones are provided for

Kick-start your financial fitness, this new year

Autumn Statement 2023

Tis the season to be cautious - stay safe from scams over the festive season

If you could do one thing to boost your financial wellbeing, what would it be?

Why you might hear from Lexis Nexis

Finding a lost pension could transform your future

Write or change your will for free in October 2023

Latest newsletter out now

Pay Your Pension Some Attention

Understanding pensions better, with Pension Awareness 2023

Transfer of the DC Section to the LifeSight master trust

Take a midlife MOT

Understanding the State Pension

Look after your successors with an Expression of Wish

Spend or save your bonus?

Tax relief and tax allowances explained

How the Spring Budget affects you and your pension

Managing your pension has never been easier

Free will writing initiative continues in 2023

Power up your State Pension before the end of the tax year

Make the most of pension saving before the 2022/23 tax year is up

Is your retirement income on track?

Pensions Quality Mark renewal

New year, new job? Make the most out of your new pension

Moving jobs? Stay connected with your old pension!

Pensions and the Autumn Budget 2022

Season's greetings and Helpline opening times

Member-Elected Trustee Directors Election

Beware of pension scams over the festive period

Hargreaves Lansdown cost-of-living crisis webinar

Time to talk money

Member-Nominated Trustee Directors Election

Reunite with an old or lost pension this October

It's free wills month

Pay your pension some attention events to take place in October

Important information for active DB Section members

Pay your pension some attention!

Trustee election update

Pensions trustee election

A helping hand for your loved ones

Plan ahead with the new Lifestyle Calculator!

Pensions Dashboards: bringing all your pensions together

Guidance on your retirement options

The Tapered Annual Allowance and the three-year carry forward rule

5 tips to help power up your pension before tax year end

Easy-read guides to the new state pension

Financial advice is for everyone

10 questions to ask a financial adviser

ESPS AGM date and details

Retirement Living Standards

Did you pay the small stamp?

The Normal Minimum Pension Age is increasing…

RPMI has rebranded to Railpen

Don’t let criminals steal your retirement

New name for pensions support

Personal pension accounts for DB members are coming soon

Your 2021-2022 pension tax allowances

We pledge to combat pension scams and protect savers

Make sure your loved ones are provided for

Pension news round-up

Pension resolutions

Staying safe from scammers

Member-Nominated Trustee Directors Election

Online access to pension records for DB members ... coming soon!

Support for pension savers

Be extra vigilant of pension scams!

Are your retirement savings on track?

Budget 2020 update

Pensions dashboards

News Archive