Personal pensionInvestment options

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A pension is a long-term investment. Its value could go down as well as up and could be worth less than was paid in.

There are two ways to invest

Option 1 - Ready made

If you want to keep things simple, one option is our Sustainable Multi Asset Universal (10 year) Strategic Lifestyle Profile.

Get ready for retirement automatically

This option automatically adjusts how your personal pension is invested as you approach your selected retirement date.

More than 10 years from retirement – your money is invested in a fund designed to grow the value of your pension pot over time
10 years from retirement – your money starts to gradually move into funds that are usually lower-risk and begins to prepare your money for how you plan to take it

Everyone is different. Depending on your plans, other lifestyle profiles or investment funds may be a better fit. Check our Fund Guide and ask a financial adviser if you're not sure.

Responsibly invested

This option is focused on growing your pension, so we'll look at areas of responsible investing that we believe can achieve this.

This means we'll avoid investing in companies that could present a risk, such as those involved in things like controversial weapons or tobacco production. We’ll also invest more in companies that could provide an opportunity, like those focused on carbon reduction and green technology.

Option 2 - Choose your own investments

You can choose your own investments from our full fund range. It’s worth considering whether you have the time and experience to keep on top of your investments. Ask a financial adviser if you’re not sure.

300+ funds to choose from (including other lifestyle profiles)
Switch whenever you like (for no charge)
Includes a Shariah option (the SL HSBC Islamic Global Equity Index Pension Fund)

Your charges will depend on the funds you choose. You may get a larger discount once you have more than £25,000 in your personal pension.

See how much your pension pot could be worth

My age is:

I want to retire at the age of:

My monthly pension payments will be:

Include other pensions or a one-off payment

Calculate

Your pot could be worth

£217,000

at retirement

These figure are illustrative only. See important information and assumptions for details.

These figures are only illustrative
Inflation: The calculator takes inflation into account to show how much your pension might be worth in today’s money. We’ve assumed a 2% rate of inflation in our calculation.
Charges: We’ve assumed a 0.71% charge, but the actual charges you pay may be higher or lower based on the investment options you choose and how much you invest.
Monthly payments: We’ve assumed your monthly payments will increase by 3.5% each year.
Tax relief: Our calculator assumes that you are a basic rate tax payer getting 20% tax relief. Your own personal circumstances, including where you live in the UK, will have an impact on the tax you pay. Laws and tax rules may change in the future. The "Annual Allowance" limits what you may pay into your pension plan(s) each year and still benefit from tax relief. Our calculator takes the standard Annual Allowance into account but does not account for personal circumstances which may reduce your Annual Allowance, or payments you've made into other pension plans which would count towards the limit.
Investment growth: We’ve assumed an annual investment growth rate of 5%. Please remember this is just an assumption and investment growth isn’t guaranteed – investments can go down as well as up so you could get back less than you paid in.

These figures are only illustrative
Inflation: The calculator takes inflation into account to show how much your pension might be worth in today’s money. We’ve assumed a 2% rate of inflation in our calculation.
Charges: We’ve assumed a 0.71% charge, but the actual charges you pay may be higher or lower based on the investment options you choose and how much you invest.
Monthly payments: We’ve assumed your monthly payments will increase by 3.5% each year.
Tax relief: Our calculator assumes that you are a basic rate tax payer getting 20% tax relief. Your own personal circumstances, including where you live in the UK, will have an impact on the tax you pay. Laws and tax rules may change in the future. The "Annual Allowance" limits what you may pay into your pension plan(s) each year and still benefit from tax relief. Our calculator takes the standard Annual Allowance into account but does not account for personal circumstances which may reduce your Annual Allowance, or payments you've made into other pension plans which would count towards the limit.
Investment growth: We’ve assumed an annual investment growth rate of 5%. Please remember this is just an assumption and investment growth isn’t guaranteed – investments can go down as well as up so you could get back less than you paid in.