OMERS Pension Guide

Why has Aviva been appointed as the provider?

Aviva are a high-quality provider and offer the key ingredients to any successful Workplace Pension arrangement:

➢ Low Charges – The only charge imposed by Aviva is the annual management charge of just 0.24% of the value of your fund (assuming the use of the Plan default fund*). These are highly competitive terms. ➢ A wide range of investment options. There is a large range of investment options, in addition to the Plan default fund. Members are free to switch between the range of funds. ➢ Financial Strength – Aviva are one of the largest Pension providers available in the UK . ➢ Online Functionality – Members have full online access to their plan details (values, transactions, plan information). Fund switches and beneficiary nominations can also be instructed online. For details of how to register for online access with Aviva, please click here. ➢ For the Key Features of the Aviva plan, please click here.

* Some of the other investment options available carry higher fund management charges.

When will membership start?

From April 2024 onwards, new members of staff on UK payroll (this includes staff on short term contracts) will be contractually enrolled into the Plan on the first day of your first full month’s employment.

6