Pensions explained

With our help, starting a pension needn't be complicated. It’s your retirement fund and you’re in control. However, with all pensions, it’s best to start as early as you can and save hard. Our pensions are flexible and let you choose the most suitable way to invest your money so it has the chance to grow. If you make personal contributions to your pension, the taxman usually tops up your payment with tax relief at 20%. If you are a higher or additional rate taxpayer you can claim further relief at 20% or 30% through your tax return. Your employer can also make contributions to your pension.

Find out all the pension information you need, whether it’s the types of pension you’re eligible for, what suits you best or what tax benefits you could get.

See how pensions work

The pension information provided is for explanation purposes only. Investments can rise and fall and you could get back less than you invested. Please remember, tax relief on pensions may change. Its value depends on your individual circumstances.

Need some help? Call us on 0845 272 8810

Monday to Thursday 09:00 - 19:00

Friday 09:00 - 18:00

Saturday 10:00 - 13:00

  • Let us call you back
  • Our call services and terms

Calls may be monitored and/or recorded to protect both you and us and help with our training. Call charges will vary.