We know you are passionate about what you do. So are we…
A pension should be a source of security which anchors your present to your future. But we appreciate that while most of us know a pension is important, it’s not always top of the priorities list.

Member Benefits

We aim to be a constant throughout our members’ working life, with our simple and high-quality plan that safeguards your retirement, whether you’re actively planning for it or if it’s still on a distant horizon. It’s never too early (or too late) to get your pension affairs in order, and we know maritime professionals value the pension schemes employers offer. In our recent survey, maritime employees described a decent pension as the most important benefit after salary and annual leave.

Despite their importance, too few of us really understand what makes our pensions work and whether we’ll have enough to retire comfortably. Often, life has a way of throwing up obstacles that have a more immediate and urgent financial outlay, whether it’s a big purchase or change in circumstances. We are here to provide clarity and help you make the most of your pension scheme, no matter what life throws at you in the meantime.

With our help you can steer yourself towards a secure retirement.

More about member benefits

Low cost

We offer some of the lowest management charges in the pensions industry, which, in combination with consistent contributions and investment returns, means more in your pension pot at retirement

We are maritime specialists

Ensign is trusted by thousands of seafarers and maritime professionals across the UK


Because we have no shareholders, all our profits go back into the Plan, which ultimately means we can do more to support you

Flexibility, every step of the way

From increasing your contributions and transferring in your other pension pots while you’re still working, to a range of options for how you take your benefits when you retire

Easy online tools

Thanks to our partners at Aegon you have full online access to manage your plan remotely

Master Trust Authorised

Ensign received its Master Trust Authorisation from The Pensions Regulator in September 2019. This status ensures that our scheme meets the highest standards.

Frequently Asked Questions

Does my employer have to sign up to the pension scheme for me?

Yes. Our plan is a defined contribution scheme which means that you and your employer both contribute to your personal pension pot which you can then use to take retirement benefits from. The value of your retirement benefits depends on the contributions you and your employer have made, the investment returns achieved and how you chose to take your benefits. If you are not already enrolled you can speak to your employer and ask them to sign up to our scheme.

Am I eligible to join?

If your employer has signed up to Ensign and has invited you to join, then you are eligible, irrespective of where you live, your UK tax status, or the location of your employer.

Speak to your employer to see if they are participating in the Plan, or alternatively, please call our Executive Team on 01293 804580.

What makes this plan different to non-maritime pension plans?

Ensign is governed by both pension specialists and maritime experts to provide a pension plan that works specifically for the maritime industry. Workers in the industry face unique challenges and we are committed to providing a product that fits in with their job. For example, we know that those working in the sector are often seasonal workers, so we have made it easy for you to keep your same pension pot in place for when you return to your employer.

What other flexible benefits does it offer?

We allow you to combine your Ensign plan with any other pension pots you have from other providers. We have a range of funds geared to your unique requirements, such as ‘target date’ funds, which enable you to set a ‘retirement window’, plus additional fund options you can choose to invest all or part of your retirement pot into. You also have control over how you take your benefits when you retire, whether you plan to take a 25 per cent tax-free cash lump sum, buy an annuity, decide to draw down your income over time, or a combination of all three.

I don’t work at sea. Does that mean I don’t qualify?

We understand that not everyone who works in the maritime industry is a seafarer. Our plan is open to all employees associated with the UK maritime industry.

How do I access TargetPlan?

To access TargetPlan please follow this link and enter your log-in details.

How much is my Plan worth?

If you are an actively contributing member of Ensign you will receive a statement each year. However, you can find out your current Plan value, and view your statement over the time period you choose, by logging in to TargetPlan.

How do I update my personal details?

It’s very easy to keep your personal details up to date online on TargetPlan. Visit the TargetPlan page and have your username and password to hand to log in, or if you are logging in for the first time, your account number and National Insurance number. You can amend your address and telephone number, email address, and work contacts, as well as your name, marital status and National Insurance number. You can also amend your password and security settings, change your target retirement age and alter your investment choices, if you wish to.

I’ve forgotten my account number. What do I do?

It happens to the best of us! Visit the TargetPlan page where you can find full contact details for our partner, Aegon, who will help you restore your account number.

I need to report the death of a member. What do I do?

We are sorry to hear this. It is important to report the death as soon as possible by calling or emailing Aegon. When you call, it would be helpful (but not essential) to have details of the member’s account number and National Insurance number to hand.

You require a minimum joint employer/employee contribution of 10 per cent of my income into my pension each month. Why is this?

This is a higher rate than some other pension providers. This is because we take a realistic and practical approach to helping workers save for retirement. Contributing a minimum of 10 per cent of your earnings (split between you and your employer), over the course of your working life, increases your chances of having enough money on retirement.

How do I increase my contributions?

You can increase the amount you pay into Ensign at any time – just speak to your employer about increasing your contributions.

To find out how much you may need to put into your retirement pot to give you a good chance of retiring comfortably, log in to TargetPlan and use online tools to help you work out whether you are paying in enough.

Current Members

Want to get the most from your pension? Avoid nasty surprises down the line by tracking the adequacy of your contributions and what else you’ll need to enjoy a comfortable retirement through a range of useful tools.

If you’ve lost your account number, don’t worry. Click here to find out how to put it right.

Login to TargetPlan

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