Standard Life Stakeholder Pension Plan

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