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Our Group Pension Plan

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Our Group Pension Plan is operated by Scottish Widows. If you would like to download a copy of the Group Pension Plan, then please click here.

If you would like to review the Key Features of the pension scheme, the Pension Investment Approach Guide or other useful tools, then please visit

If you are interested in signing up to the scheme, then please click here to download the Scottish Widows Joining Guide.

If you are a current member of the scheme, you may find useful information on the Scottish Widows microsite at, here you can access information on understanding your pension, transferring existing pension plans, investment choices and some useful tools and calculators.

Features & Benefits

For your reference, the Contractor Umbrella scheme default fund choice is Balanced (Targeting Annuity) and the Annual Management Charge is 0.75% (charged on a pro rata basis). The Pension Investment Approach Guide (please click here to download) will give more information about the default fund. Everyone initially will go into this fund, however, members can choose to switch into their own funds. If you are interested in learning about the options available to you then please contact the member helpline to arrange a switch.

Remember, one of the benefits Contractor Umbrella gives its employees is that you can contribute up to £60,000 tax-free in any financial year. You’re not stuck paying in the minimum amounts like with other umbrella employers. If you want to contribute into your own scheme, rather than into our group pension plan, please speak to us.

MEMBERS ONLY: There is a Members Helpline available to you once you have registered. if you have specific questions relating to your policy then please contact Scottish Widows on 0345 755 6557.

Why Choose Contractor Umbrella?

Contractor Umbrella is the hassle-free, straight talking umbrella company that provides umbrella employment for UK based contractors and freelancers. Independently voted as the best umbrella company by the readers of Contractor UK.

As one of the most trusted umbrella companies in the UK, we guarantee our employees peace of mind, absolute compliance and complete security. We are one of the longest standing and most respected umbrella companies in the UK.

If you’d like to find out more, call us on 01206 591 000 or request a call back by completing our online form.

Benefits of working through Contractor Umbrella;

  • Fast and easy registration –  be ready to work in 24 hours, simply register online and we’ll take care of the rest.
  • Calculate your take home pay – use our online calculator to find out how much you could be taking home through Contractor Umbrella.
  • Same day payments – We offer same day payments as standard providing funds are received into our account by 9am, for no additional fee.
  • Our Service Guarantee – is our guarantee that you will be looked after at every step of the way.
  • Flexible Limited Company accountancy – when you sign up to our sister company Dolan Accountancy, you can transfer to Contractor Umbrella when umbrella employment better suits or your assignment sits inside IR35.
  • Employee Benefits at Contractor Umbrella there are many benefits available to you as our employee including Childcare Vouchers, our Employee Rewards Scheme, Group Pension Scheme, Foreign Currency Exchange, Contractor Accommodation, Contractor Mortgages and much more.
  • Expert Contractor Support Team – Every employee of Contractor Umbrella has access to our expert Contractor Support Team who are available to deal with any queries that you may have. You can get in touch with the Contractor Support Team, through the online chat, by email or by telephone.
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