Retirement products

Whether it’s looking for an income or ways to save, we’ve got products for all retirement plans.

What would you like to do?

Save for my future

Save for my future

Explore our pensions

Product Type Good For Features & Benefits Find out more
Flexible pensions
  • Making the most of greater freedom and flexibility with retirement savings
  • Supports you to and through retirement
  • Save while receiving favourable tax treatment
  • Have control over the way, and when, you access your benefits
  • Manage a gradual transition into retirement
Retirement Account
Stakeholder Pension
  • Building a sum of money in a tax-efficient way to help support you financially in retirement
  • Designed to be accessible to all, whether you’re employed, self-employed or not working
  • Start from as little as £20 per month
  • Maximum annual management charge defined by the Government
  • Contributions can be stopped or restarted at any time, without penalty
Stakeholder Pension
Workplace Savings
  • Joining a workplace pension could help give you more financial freedom at retirement
  • Tax-efficient retirement saving
  • When you start paying, your employer pays in too
  • If you change jobs, take your pension pot with you
  • Get tax relief at your highest rate on your contributions
Workplace Savings

Explore other ways to save

Product Type Good For Features & Benefits Find out more
Individual Savings Accounts (ISAs)
  • Using your annual ISA allowance to save, or invest, tax free
  • Investing your ISA allowance in any combination between cash and stocks and shares ISAs
  • Cash ISAs can offer a variable or fixed rate of interest
  • Stocks and shares ISAs let you invest your savings in global stock markets
  • Make tax-efficient investments for your child’s future via Junior ISAs
Stocks and shares ISA

What you should consider before retirement:

Take a look at ways to boost the savings you have for retirement and how you can make saving easier.

Get a regular income

Get a regular income

Explore our income options

Product Type Good For Features & Benefits Find out more
Flexible pension
  • Flexible product suitable for saving towards, and taking income in, retirement
  • Save and take an income when and how you want to
  • Take up to 25% of the value of Retirement Income as a tax-free lump sum
  • Choose when and how often you want income paid
  • Take ad-hoc income payments when you need them
Retirement Account
  • Getting a guaranteed retirement income for the rest of your life
  • Knowing how much you’ll get and when
  • Choose how often you want to receive an income
  • Arrange to have an income paid to your dependant after you die
  • Income largely determined by your age and interest rates at time of purchase
Enhanced annuity
  • Getting a guaranteed retirement income for the rest of your life
  • Having retirement income potentially increased due to being in poor health
  • Offers a level of guaranteed income which also takes into account your health and lifestyle
  • You may get a higher level of income if you have a qualifying medical condition or lifestyle that could reduce your life expectancy
  • Even if you think you are healthy, you could receive a higher income than from a standard annuity
Enhanced annuity

Pension vs ISA. What should you do?

Whether you're looking to save into an ISA or a pension, this video highlights the benefits of both to help you make the right decision.


What you should consider before retirement:

Are your finances ready for retirement? These are just some of the things you should be thinking about.

Pension freedom

You now have more choices when it comes to taking your pensions and retirement income.

Find out more

Not sure where to start?

If you don’t know what to do about retirement or pensions, let us help. We’ll explain the basics and give you all the information you need to get started.

Retirement explained

Find a financial adviser

An independent financial adviser (IFA) can recommend products for your personal situation. Use the tool to help find one near you.

Find an IFA