A pension is an investment so it’s value can go down as well as up and could be worth less than what was paid in.
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It’s easy to pay into your Standard Life pension by bank transfer – you’ll find the payment details below. Please use your plan number as the payment reference.
We’ll invest your money using your current investment instruction. If you’d like to invest another way, call us on 0345 272 8848 and select option 2. You can switch investments at any time.
How long will it take?
We'll normally apply your payment on the day we receive it. It may take a few days to show in your online account.
We check all incoming payments to prevent money laundering. We'll contact you if we require further information.
Tax relief and limits
You normally get tax relief on money you pay into your pension, as long as:
- You don't pay in more than 100% of your earnings
- All payments in, including from your employer, don't exceed your Annual Allowance. You may be able to carry forward unused allowances from previous tax years.
Your Lump Sum Allowance limits the total tax free cash you can take from your pension.
It's your responsibility to understand the limits that apply to you. Read our tax guide.Remember, laws and tax rules can change and depend on your personal circumstances. Speak to a financial adviser if you're unsure.