Retiready is our digital retirement planning service. Our free online planning tools and supporting materials make it easy for everyone to take control and shape their own retirement.
Benefits of our personal pension
- Simple investment choice
- Clear charges
- You can transfer in your old pensions
- You're in control, with guidance when you need it
- Tax relief on your contributions
(For example every £80 you pay, £100 is actually invested. The value of any tax relief depends on your individual circumstances.) - Up to 25% tax-free cash option when you retire
Things to think about
- The value of an investment can fall as well as rise and isn’t guaranteed. The final value of your pension pot when you come to take benefits may be less than has been paid in.
- Transferring your pension may not be the best option for you. You may lose features, protections, guarantees or other benefits - so make sure you compare products before transferring. It's up to you to decide if this is the right decision for you. If you're not sure, speak to a financial adviser - there may be a charge for this.
- It’s important to remember the value of your consolidated pension pot can still fall as well as rise and the final value of your pension pot when you come to take benefits may be less than has been paid in.
- Any new funds you move your money into will have their own set of risks that will be detailed in the fund information available to you.
- The earliest you can access your funds is age 55 under current legislation (increasing to age 57 on 6 April 2028).
