CONTACT:

Telephone: 02476 472 582

Email: Magnox@broadstone.co.uk

Magnox Group of the ESPS

Use this site to plan for the future with the Magnox Group of the Electricity Supply Pension Scheme (ESPS). Then manage your pension by logging in to your myESPS account.

What are you looking for today?

The Magnox Group of the ESPS has different sections. Use the tiles below to select your section and find out about your benefits.

If you're not sure which section you're in, you can find the section name on your Annual Benefit Statement (ABS), Pension Savings Statement (PSS), or your payslip (if you're already taking your benefits). Alternatively, please log in to your myESPS account and check the homepage there.

If your paperwork says SLC, please read the additional information in the boxes below to identify which tile is the correct one for you. 

Final Salary sections

Active
-Deferred
-Pensioner

For members of the Atkins, Cavendish Nuclear and NNL sections.

Also for members of the SLC section who left the Scheme on or before 31 March 2024 or are a Scottish Protected Person under the Scottish Protected Persons Regulations.

Reformed SLC section

Active
-Deferred
-Pensioner

For members who were employed by NRS or Sellafield and an active member of the SLC section at 1st April 2024.

You are a member of the Reformed SLC section, which combines Final Salary and Career Average Revalued Earnings (CARE) benefits.

Knowledge Hub

For all members, this area offers general information about the Scheme, along with news updates and ways to access additional help and support. 

Final Salary

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SLC Care

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What's happening in pensions?

Keep up to date with the latest pensions news, as well as the latest developments in the Scheme.

Start your year on the right foot, with Financial Wellness Month

12 Jan 2026

How to make the most of Financial Wellness Month

1. Register for your online account

If you haven’t already, sign up for your myESPS account, where you can easily manage your pension online.

2. Get a sense of your retirement goals

Use the Lifestyle Calculator to see how much you may need to save for life after work. It considers factors like where you plan to live and the lifestyle you want in retirement.

3. Access pension guidance when you need it

Explore the resources available on the MoneyHelper website. Prefer to speak to someone? You can also Call 0800 138 1677 to chat with a MoneyHelper representative,

4. Seek financial advice if you need to

If you need professional financial advice, MoneyHelper’s website offers a retirement adviser directory featuring FCA-authorised and regulated firms.

You can also use comparison sites like Unbiased and VouchedFor to shop around for quotes from advisers.

5. Think about making extra savings with Additional Voluntary Contributions (AVCs)

If your pension savings aren’t on track for the lifestyle you want, you might want to make extra contributions through AVCs. Learn more on your member website:

6. Stay informed about Autumn Budget 2025 updates

Here are the key pension highlights:

  • The State Pension will increase by 4.8% from April 2026 to keep up with the cost of living.
  • No changes to the tax-free lump sum. You can still take up to 25% (max £268,275) of your pension tax-free.
  • New limits to salary sacrifice. From April 2029, you’ll pay National Insurance on any salary sacrifice contributions above £2,000 per year.  
  • Income tax thresholds remain frozen until 2030/2031:

- Personal allowance: £12,570

- Higher rate: £50,270

- Additional rate: £125,140

  • Inheritance tax may apply to unused pensions and death benefits from April 2027.

You can details on these updates here.