Getting a quote
Once you know when you want to retire:
If you are still working for Diageo, your retirement date will be advised to Capita from the Diageo HR system. Your retirement pack with your pension options will be issued to you approximately 3 weeks after the end of the month in which you leave Diageo.
If you are no longer working for Diageo, please get in touch with Capita directly and a retirement pack with your pension options will be issued to you.
It’s important that you fully complete all the forms that are sent to you, as any omissions could result in a delay in the payment of your benefits. Once you’ve returned all the relevant documentation Capita will arrange your pension payments in line with the option you have chosen.
You can request a quote to confirm your current pension benefits using the Online Portal:
login to portal
You have access to various retirement planning tools to help model your future finances:
Pension modeller
- Log into the Online Portal and use the modeller to provide an estimate of your pension benefits based on your current benefits and planned retirement date.
- Consider different retirement ages to see how this affects your pension.
- If you are unable to get a quote from the online modeller, contact us for an estimate.
Retirement hub and financial advice
- Take an online retirement assessment to determine your readiness.
- Seek independent financial advice to maximise your retirement income and minimise your tax liability.
Investment and savings strategy
- If you’ve got pension savings from AVCs, decide how they’ll be used—either as a lump sum, to purchase an annuity, or a drawdown option.
- Ensure you’ve sufficient savings outside of your pension for unexpected expenses.
Tax and income considerations
- Keep track of your tax code to ensure correct pension payments.
- If you’re planning to work part-time in retirement, understand how it can affect your pension payments and tax status.
By planning ahead, you can maximise your pension benefits, ensure financial stability, and enjoy a stress-free retirement.