New to Scottish Widows

To combine your pensions with us, you need to set up our flexible and easy to manage Retirement Account.

Our Retirement Account

Our Retirement Account is designed to be a ‘plan for life’. You can use it to build your pension savings. Then, when you reach 55, it gives you flexible choices for how you can take money from your pension.

  • Easy to set up and manage
  • You can choose how you take money from your pension, as income or lump sums
  • Competitive and clear charges
  • Investment choices to suit you, whether you are saving or taking money
  • Comes from a financially strong name that you know and can trust.

For information, please read our Retirement Account guide (PDF) and Key Features (PDF).

It’s important that you have thought about whether this is right for your needs. You also need to consider whether combining your pensions is the right thing for you.

Pensions are a long term investment. What you get back isn’t guaranteed. The value can go down as well as up. You may get back less than you paid in.

 

Guide to Retirement Account

See what it can do for you.

What are the requirements, at a glance?

  • A minimum payment of £10,000. This can be made up of more than one transfer
  • You are under 75 when you take out the policy and you normally live in the UK.

Set up your Retirement Account

When you have the details of the pension or pensions you wish to transfer call:

0345 845 0545

You can call us Monday–Thursday 9am–8pm, Friday 9am–6pm and Saturday 9am–1pm.

A member of the team will guide you through the application process.

What do you need to set up a Retirement Account?

Your National Insurance number

Your other pension’s details

Time to talk. Just give us a call

Contact us to get started

You can call us Monday–Thursday 9am–8pm, Friday 9am–6pm and Saturday 9am-1pm. A member of the team will guide you through the application process.

0345 845 0545