Which pension choices do you have?
Making investment decisions
We invest your pension contributions in a way that suits you. At BeFrank, you choose your own investment risk and how your pension capital is invested. Will you go for a passive, active or sustainable form of investment? Whichever form you choose, you can rest assured that we invest in honest companies.
Accruing additional pension
Want to accrue more pension? Most schemes allow you to make extra pension contributions with tax benefits. Your personal pension page shows you how it will affect your expected pension.
Viewing your pension
At BeFrank, you have access to your pension information anytime, anywhere. One clear summary shows you how your investments are doing, what the returns are. and your expected pension benefits. 24/7, always up to date.
If your situation changes
Something may change in your life, which significantly affects your pension. Find out how the situation affects
You can do this on your personal pension page in a few simple steps. On your dashboard, you will see a ‘Change personal details’ button under ‘Manage directly’. If there are any details you cannot change yourself, please let your employer know. They can notify us of the change.
Always notify us any changes straight away. That way, you know for sure that you are receiving important information
No. You do not need to pass on your partner’s details to BeFrank. In fact, we use the ‘undetermined partner system’, which means we will find out your partner’s details ourselves if necessary.
Yes, of course! We call this a value transfer. You can request it through your personal pension page. Go to ‘Submit change’ and click ‘Value transfer’.
Once we have received the statement of value from your old pension administrator, we will send you a quote. You then decide whether you want to use the value transfer option.
Transferring your pension is not always the wisest thing to do. If you want to know if it’s the smart thing for you to do, contact a financial advisor. They will be able to tell you what is the most financially beneficial option in your situation.
Who are we?
We’re BeFrank: an online pension administrator with human service. Our staff have an entrepreneurial spirit, enthusiasm and commitment. We have many years of experience, extensive knowledge and a passion for pensions. Our mission is to bring pensions closer to people. We are committed to that every single day.