The Scheme Facts

About the Scheme

  • The Gattaca UK pension scheme is a Group Personal Pension provided by Scottish Widows.
  • New joiners are enrolled to contribute 5% of basic salary and Gattaca UK will contribute from 4%.
  • By default, your contributions are deducted via Salary sacrifice.
  • The scheme annual management charge is 0.36% for those invested in the scheme's default fund - Scottish Widows Balanced PIA (Targeting Flexible Access).
  • You can review and change your contribution level and how you pay your contributionons on your benefits portal here.

The scheme profile as at 1st May 2021

91%

Percentage of employees who are members of the pension scheme

32%

Members are contributing above the auto-enrolment minimum contribution level of 5% employee

11.1%

Total average contribution paid into the scheme

96%

Members are contributing via salary sacrifice

£9,459,132

Total funds under management as at 20/05/2021

£20,430

The average fund value across the scheme