Pensions and retirement

Looking for a pension?

Looking for a pension?

Start a pension today

Saving for retirement is one of the most important things you can do. Pensions offer a tax-efficient way of doing this and ours is easier to start than you might think - you can apply online today.

Reviewing your pension

Reviewing your pension

Is your retirement on track?

Make sure you review your pension regularly and stay on track for the retirement you want.

Planning your retirement

Planning your retirement

Income during retirement

You need to plan how you’ll take your retirement income. There are different ways to turn your pension pot into an income - let us help you get it right.

 

FAQs

"How does tax relief on pensions work?"

"How does tax relief on pensions work?"

The government wants people to save for their retirement. But it realises that people might not want to commit to saving in a pension that can't be touched for some years. So to encourage people to save, it gives tax relief on your pension contributions.

As an example, if you invest £80 a month, the taxman currently adds £20 - making £100 in total. This happens automatically.

If you're a higher or additional rate taxpayer, you may qualify for extra tax relief. If this is the case we'll claim the first 20% tax relief for you and add it to your plan. You'll need to claim the additional tax relief through your tax return.

Tax relief may change. Its value depends on your individual circumstances. The information provided here is based on our understanding of current law and HM Revenue & Customs practice.

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