A pension is a long-term investment. Its value can go down as well as up and could be worth less than was paid in. Laws and tax rules may change in the future. Your own circumstances and where you live in the UK will also have an impact on tax treatment.

The Standard Life Stakeholder Pension Plan

With our Stakeholder Pension Plan you can save your money tax-efficiently, and meet the Stakeholder Pension Plan rules that have been set out by the Government. This type of pension plan could be right for you if you’re looking for a straightforward pension with low minimum payments and low charges.

Why open a Stakeholder Pension Plan with Standard Life?

  • You can start a Stakeholder Pension Plan with us from just £16. You can start, stop or change payments to your pension plan online at any time. This gives you the freedom to pay as much as you want, when you want
  • Money saved into your pension plan will also be topped up by the HRMC thanks to tax relief. So if you pay in £16, HMRC will top this up to £20. If you’re a higher or additional rate tax payer, you can contact HMRC for the extra tax relief
  • There are straightforward investment options for you to choose from. You can also choose from two strategic lifestyle profiles, which invest your money in funds and moves them as you get closer to retirement – to try and get you the best possible returns for your goals.
  • If you don’t want to choose a fund that’s fine too. We will automatically invest your money into a Lifestyle Profile
  • With a Stakeholder Pension Plan, charges are low and you only need to pay 1% of the value of the funds you’re invested in each year. This means it could cost you less than you might think to save for the future
  • With the online dashboard and mobile app you can manage your pension plan anytime, anywhere. This means you can manage your payments and more whenever you like

Is a Stakeholder Pension Plan right for you?

A Stakeholder Pension Plan may be right for you, but we have other pension options too. If you want to save for the future and have experts manage your investment for you our Easy option Active Money Personal Pension (AMPP) could be right for you. Let’s see how the Stakeholder Pension Plan and AMPP compare:

Stakeholder Pension Plan

This could be a good option if you're looking for a simple way to save for the future. With a Stakeholder Pension Plan you will:


  • Choose where you invest from a range of around 30 investment funds and 2 Lifestyle Profiles
  • Need to regularly review your investments
  • Pay in a minimum of £16
  • Your payments will be topped up by HMRC with tax relief
  • To apply for a Stakeholder Pension Plan call 0345 272 8810 (call charges will vary)

AMPP Easy Option

If you want your investments to be managed for you our Easy option AMPP could be right for you. With an Easy Option AMPP you will:

  • Choose your investments from the Myfolio Manged risk rated funds
  • Not need to regularly review your investments, however you will need to review the level of risk you’re happy taking
  • Pay in a minimum of £80 a month or make a yearly payment of £800
  • Your payments will be topped up by HMRC with tax relief