Saving for your future has never been more important. People are living longer, spending more, and are less able to rely on the State Pension to support them in retirement. As it stands, today the most you can get from the State Pension is £203.85 per week (2023/2024). Being a member of the Sky Pension Plan has no impact on your entitlement from the State Pension.
The purpose of saving for a pension is to provide you with money to replace your salary. There are other ways you can save for your future but, if you join the Sky Pension Plan, Sky put money in too, money you wouldn’t otherwise get. Also, because of the way the Plan is set up, you benefit from paying less tax and National Insurance. This means that saving with the Sky Pension Plan could be a better choice.