Why Introduce the Automatic Annual Adjustment?

Most members never revise their contributions, even as inflation steadily erodes the value of money over time. This means that without regular adjustments, the real value of your pension savings may fall short of what you need in retirement. To help safeguard your future, Axis Pension Trust is taking a proactive step through the Automatic Annual Contribution Increment.

This feature ensures your contributions grow steadily each year by automatically increasing them by a minimum of 10%, helping your savings keep pace with rising costs. It is a simple, transparent way to strengthen your financial security, without the need for constant manual reviews or changes. This increment gives you greater confidence, more predictable growth, and ensures your hard-earned contributions retain their real value over time, securing your future with ease.

Most members never revise their contributions, even as inflation steadily erodes the value of money over time. This means that without regular adjustments, the real value of your pension savings may fall short of what you need in retirement. To help safeguard your future, Axis Pension Trust is taking a proactive step through the Automatic Annual Contribution Increment.

This feature ensures your contributions grow steadily each year by automatically increasing them by a minimum of 10%, helping your savings keep pace with rising costs. It is a simple, transparent way to strengthen your financial security, without the need for constant manual reviews or changes. This increment gives you greater confidence, more predictable growth, and ensures your hard-earned contributions retain their real value over time, securing your future with ease.

This feature ensures your contributions:

Stay protected

Safeguard your savings against inflation. Inflation quietly reduces the value of money over time, eroding the real worth of your pension savings.
By automatically increasing your contributions each year, this feature helps maintain the purchasing power of your savings, ensuring your retirement fund remains strong and resilient.

Grow steadily

A steady increase in contributions, even by 10% annually, can significantly boost your total savings over time.
This simple, structured growth strategy compounds your efforts, helping you build a more reliable and substantial retirement fund without requiring constant manual adjustments.

Remain flexible

You retain full control to increase, reduce or opt out at any time. While it encourages steady growth, your contributions remain fully flexible.
You can increase or reduce them based on your changing circumstances or opt out completely if you choose, ensuring your plan always aligns with your goals.

How It Works

The Automatic Annual Contribution Adjustment is designed to be simple, transparent, and easy to manage. Once activated, your contributions will increase by your chosen percentage e.g. 15% each year, ensuring your savings keep pace with inflation while giving you full flexibility and control throughout the process.
What to Expect from the feature: This feature is designed to increase your contributions automatically, protect your savings and keep you in control.

Effective Date

The adjustment begins with your January 2026 contribution.

Annual Increment

A 10% increase will be applied each year.

Control & Flexibility

You can still adjust your contribution at any time ā€” increase, maintain or reduce.

Compliance

A new Direct Debit Authorisation Form will be required to process the new contribution.

Your Choice, Your Control

While we strongly encourage members to take advantage of this powerful feature to strengthen their retirement savings, we fully respect your choice and personal financial goals. If you prefer not to participate, you can easily opt out through our secure online platform before the stated deadline. No penalties or restrictions apply.

ā³ Deadline: Opt-out byĀ 15th December 2025Ā to prevent the adjustment from being applied to your account.

Opt Out of the Automatic Adjuster

Frequently Asked Questions

1. What is the Automatic Annual Contribution Adjustment?

This is a new feature introduced to help protect the long-term value of your retirement savings and ensure better long-term financial outcomes for our clients.

From January 2026, your monthly contributions will automatically increase by at least 10% each year, unless you opt out.

2. Who will benefit from this feature?

All existing and new members of the Axis Retail Pension Scheme will enjoy the automatic adjustment feature starting January 2026.

For new members who join after that date, the feature will be applied automatically at enrolment.

3. Can I opt out of the automatic increase?

Yes. While we encourage you to enjoy the benefits of effortless growth, participation is entirely optional. Members who do not wish to participate can opt out by completing the online opt-out form viaĀ https://cap.axispension.com/ddconsentĀ by 15th December 2025.

4. Can I still change my contributions manually?

Absolutely. You can increase, reduce, or maintain contributions at any time, even after the adjustment is applied.

Your savings journey with Axis stays flexible, always on your terms.

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Need Help?

0302 738 555

Support Line

0800 001 860

MTN Only

aptl@axispension.com

Email support

Axis Pension Trust ā€“ Your reliable partner in pensions.