Standard Life was awarded "Best Income Drawdown Provider" at the the MoneyFacts Investment Life & Pension awards 2023

Flexible access - with up to 25% tax-free

With our Active Money Personal Pension you can withdraw your money in the app, online, or call us over the phone.

We'll never charge you for withdrawals, and you can take money out whenever and however you like.

You can normally access the money in your pension when you're 55 (or 57 from 6 April 2028). And you usually won't pay tax on 25%.

Ways to take your money

You can take your money in one or more of the following ways:

  • Take lump sums - for example, if you're still working but want to access some of your tax-free cash
  • Take a flexible income or 'drawdown' - take regular withdrawals while your pension pot stays invested
  • Buy an 'annuity' - a guaranteed income for the rest of your life

Standard Life have been amazing over the years, always keeping me informed. Withdrawing money was straightforward - I was given so much information.

- Mark (55), Whitburn

Free retirement webinars

Our expertise goes back to 1825. With our free customer webinars, you can ask our experts all your burning questions.

In 2022, 9 out of 10 customers rated them as good or excellent.

Covered a lot of ground concisely, clearly in a language that everyone could understand.

- Andrew, Retirement Webinar Attendee

More about our personal pension