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Our Tesco Retirement Savings SectionOpens in new tab
Navigation
 * Why join? > Why join?
   
   Why join? >
   
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   EXPLORE THE TESCO RETIREMENT SAVINGS PLAN:
   
    * Why save for retirement? >
      * How does the Tesco Retirement Savings Plan work > What are the benefits?
        > How much do I need? >
   
   USEFUL INFORMATION :
   
   The Planner > Opens in new tab Manage Your Account > What else do I need to
   know? > All the forms and documents you need > Useful contacts > Your
   retirement savings can help build a better world >
   
   RUSSIA'S INVASION OF UKRAINE
   
   If you're concerned, or considering making any decisions about your pension
   savings, please visit our response hub for more information on how the
   conflict may impact your investments ... >

 * How much does it cost? > How much does it cost?
   
   How much does it cost? >
   
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   EXPLORE THE TESCO RETIREMENT SAVINGS PLAN:
   
    * What do Tesco and I have to pay? >
      * Tax-free savings > Saving through 'SMART' – for those who pay tax > Not
        Paying through SMART – for those who don’t pay tax >
    * Can I pay extra? >
    * How can I change how much is paid? >
    * Annual Allowance and Lifetime Allowance >
   
   USEFUL INFORMATION :
   
   The Planner > Opens in new tab Manage Your Account > What else do I need to
   know? > All the forms and documents you need > Useful contacts > Your
   retirement savings can help build a better world >
   
   RUSSIA'S INVASION OF UKRAINE
   
   If you're concerned, or considering making any decisions about your pension
   savings, please visit our response hub for more information on how the
   conflict may impact your investments ... >

 * How much will I get? > How much will I get?
   
   How much will I get? >
   
   --------------------------------------------------------------------------------
   
   EXPLORE THE TESCO RETIREMENT SAVINGS PLAN:
   
    * How much will I get from the Tesco Retirement Savings Plan? >
    * How can I check how much I've got now? >
    * What other retirement income might I have? >
    * State Pension >
    * Getting your pensions into one place >
   
   USEFUL INFORMATION :
   
   The Planner > Opens in new tab Manage Your Account > What else do I need to
   know? > All the forms and documents you need > Useful contacts > Your
   retirement savings can help build a better world >
   
   RUSSIA'S INVASION OF UKRAINE
   
   If you're concerned, or considering making any decisions about your pension
   savings, please visit our response hub for more information on how the
   conflict may impact your investments ... >

 * How can I take my savings? > How can I take my savings?
   
   How can I take my savings? >
   
   --------------------------------------------------------------------------------
   
   EXPLORE THE TESCO RETIREMENT SAVINGS PLAN:
   
    * The Tesco Lifestyle Investment Options – for Tesco colleagues >
    * How the Tesco Lifestyle Investment Options work? >
    * How do I change my investments? >
    * Why is setting your target retirement age important? >
    * What are my other choices? >
    * Low charges mean your money goes further >
    * How can I take my savings when I retire? >
    * Guidance and financial advice >
   
   USEFUL INFORMATION :
   
   The Planner > Opens in new tab Manage Your Account > What else do I need to
   know? > All the forms and documents you need > Useful contacts > Your
   retirement savings can help build a better world >
   
   RUSSIA'S INVASION OF UKRAINE
   
   If you're concerned, or considering making any decisions about your pension
   savings, please visit our response hub for more information on how the
   conflict may impact your investments ... >

Our Tesco Retirement Savings Section > Opens in new tab


YOUR RETIREMENT SAVINGS CAN HELP BUILD A BETTER WORLD



Your savings in the Tesco Retirement Savings Plan are invested - in things like
companies, government bonds and property, in different parts of the world.

The main aim is to help your money grow as much as possible while keeping it
safe, so it can give you an income when you stop working and earning.
 
Tesco and the Trustees, with their advisors, regularly review these investments
and how they perform.
 
To achieve our main aim, it’s important that we invest in responsible, well-run
companies, as they’re likely to perform better in the long term.

Investing in this way also helps the planet, and we know this is really
important to many Tesco colleagues. It’s really important to us too.
 
That’s why we’ve committed to aim for the investments in the Tesco Retirement
Savings Plan to be ‘net-zero’ by no later than 2050.
 
Read more about this commitmentOpens in new tab and how we’re going to do this.
 
Don’t forget, you can see which companies your savings are invested in, and give
your views on how they’re run, through TumeloOpens in new tab.
 
We’ll be in touch in 2022 to tell you about some changes we’ll be making to the
way your money is invested.

To see your current investment options, take a look at our Investment GuideOpens
in new tab.

Find out how to change your investments.

*Remember, financial markets and share prices change all the time, so the value
of your savings in the Tesco Retirement Savings Plan can go down as well as up.

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USEFUL LINKS

 * The PlannerOpens in new tab
 * How do I join or opt-out?
 * Manage Your AccountOpens in new tab
 * Useful contacts
 * Pension lump sum withdrawal tax calculator - Which?Opens in new tab

 * What else do I need to know?
 * Your retirement savings can help build a better world



Why join?

How much does it cost?

How much will I get?

How can I take my savings?

What else do I need to know?




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