The Scheme Facts

About the Scheme

  • The Sophos pension scheme is a Group Personal Pension provided by Aviva.
  • New joiners are enrolled to contribute 4.5% of basic salary and Sophos will contribute 4.5%.
  • By default, your contributions are deducted via Salary sacrifice.
  • The scheme annual management charge is 0.45% for those invested in the scheme's default fund - Aviva Mixed Investment 40-85% Shares Drawdown Lifestage Approach.
  • You can review and change your contribution level and how you pay your contributions on your Sophos My Apps portal here.

The scheme profile as at April 2022

89%

Percentage of employees who are members of the pension scheme

61%

Members are contributing above the auto-enrolment minimum contribution levels of 4.5% employee and 4.5% employer

12.28%

Total average contribution paid into the scheme

99.83%

Members are contributing via salary sacrifice

£25,061,652

Total funds under management as at 09/05/2022

£41,493

The average fund value across the scheme