- Personal Pension
Our Personal Pension
Money invested is at risk
Our 5-star personal pension
Millions of customers trust us with their investments.
Our Active Money Personal Pension was awarded 5 stars in 2023 by independent research company Defaqto - their highest rating.
Open a personal pension with us from as little as £1.
Pay in to your pension when you want - monthly or one-off. Stop or start whenever you like.
Bring old pensions together easily - workplace or personal.
We never charge you for transfers. All you need is the provider name, policy number, and a rough estimate of the value.
Transferring may not be right for everyone.
No hidden charges
- No exit fees
- No charge to switch investments
- No charge to take money out
- No charge to transfer in (your old provider may charge an exit fee)
Easy investment options
It's up to you how you invest in your personal pension.
There's a ready-made option - or you can choose from over 300 other investments.
A pension is an investment, its value can go down as well as up and could be worth less than was paid in.
Withdrawing your money
When you reach age 55 (57 from 6 April 2028), you'll be able to take money from your personal pension in a mix of ways - and 25% is usually tax-free.
- Take lump sums
- Take a flexible pension income
- Buy a guaranteed income (annuity)
It's up to you. We'll never charge you for withdrawals.
Our Active Money Personal Pension can also help if you're self employed - including sole traders and directors of limited companies.
- Payments from personal or business accounts
- Automatic tax relief
- Pay in from the app, anytime
Call our qualified pension experts
We've been around for nearly 200 years, so we know pensions.
Our pension experts are based in the UK and are ready to help you.
Need help with your application? Call us on 0345 279 8858