I'm in Pace DC

Pace DC offers a range of options and includes valuable contributions towards your retirement from the Bank.

If you leave the Bank you still keep the pension savings you've built up in Pace DC – including the money paid in by the Bank.

Pace DC has achieved the PQM Plus Award, which is only given to the UK’s top defined contribution pension schemes.

Before becoming a member of Pace, you may have been a member of the Britannia Pension Scheme. In 2011, the Co-operative Group Limited consulted with employees about a proposal to close nine pension schemes including the Britannia Pension Scheme. Members of the Britannia Pension Scheme were invited to join Pace in October 2012.

KPMG looks after the Britannia Pension Scheme on behalf of its Trustees. If you have a question, please contact: secretarybps@kpmg.co.uk

Find out more

For more information on how Pace DC works, you can start off by reading the Pace DC factsheet which gives a quick summary of the main features of Pace DC. You can also read the Pace DC pension guide which has more detail on Pace DC and the Pace DC fund guide which contains information on the investment choices in Pace DC.

Legal & General, as the pension provider, both administers and invests your and the Bank’s contributions in Pace DC on behalf of the Trustees.