FAQs

We must receive changes to your personal details in writing by email or post. The correspondence should be signed by you.

You should write to us if:

You change your name (by marriage, divorce or Deed Poll)

You change your address

You change your email address and/or telephone details

Your bank account details change (only applicable if your pension is in payment)

You get divorced

DC members should inform Aegon of changes to their personal details

If a member of the Fund dies please fill in and send a death notification form via email or post. 

If you are a member of the DB section and you are not married you can nominate your partner or a financial dependant to receive any spouse's pension payable in the event of your death. You can do this by completing a “Nominated Dependants Application Form” and sending it to the Pension Fund Office via post or email.  If there is a spouse's pension payable on your death it will be shown on your pension increase letter (deferred and pensioner members). 

Employee members of the Fund can complete an Expression of Wish form to nominate beneficiaries for the lump sum benefit payable in the event of their death in service. Pensioners and deferred members should not complete this form.

If a pension sharing order is made through the Court as part of your divorce settlement then this will specify a percentage of the value of your pension benefits to be paid to your ex-spouse. Your ex-spouse must transfer their share (known as the pension credit) out of the Fund to an external pension arrangement of their choosing. The receiving scheme must be a HMRC tax registered pension scheme. Please see the relevant page under your member status within the Fund for more in depth information.

The amount of tax-free pension savings you can build up over a tax year is restricted by the Annual Allowance. The Annual Allowance is set by the government and for the tax year 2023/24 the standard Allowance is £60,000 but it reduces for individuals with taxable income and annual pension savings greater than £260,000. Pension savings in excess of the Annual Allowance are subject to the Annual Allowance charge (income tax at your highest rate) and this charge must be declared on your annual self-assessment tax return. The Annual Allowance regulations allow you to carry forward any unused Allowance from the previous three tax years into the current tax year to help offset any charge or boost your scope to make pension savings in the current year. Please see your Fund membership page for more information.

If you think you have a pension with Imperial please get in contact with the Pension Fund Office and provide details of your employment (name of employer and employment dates), your full name (including maiden name if you were not married when you worked for Imperial), date of birth and National Insurance number.  We will then check the Fund's records to see if you hold any pension entitlement within the Fund and let you know.

This was introduced by the Government with effect from 6 April 2024. This is a fixed cumulative limit of £268,275 (25% of the Lifetime Allowance when it was abolished).  It applies to the amount of tax-free cash that can be paid to a person as a pension commencement lump sum and as the tax-free part of an uncrystallised funds pension lump sum.  If you exceed this limit, the amount over the limit will generally be taxed as income. Members with existing LTA protection may have a higher limit before they are liable to pay tax.

This was introduced by the Government with effect from 6 April 2024. This is a fixed cumulative limit of £1,073,100 (the same as the Lifetime Allowance when it was abolished).  It applies to the tax-free elements of lump sums that can be paid in life and death, to or in respect of an individual.  In addition to the pension commencement lump sums and tax-free elements of an uncrystallised funds pension lump sum, this allowance also applies to the tax-free elements of serious ill-health lump sums and lump sum death benefits. Members with existing LTA protection may have a higher tax-free limit.