A personal pension is a tax-efficient way of saving for your retirement, in addition to your state or workplace pension. Your money is invested in the stock market and the Government refunds the tax on your contributions.

Tax-efficient

The taxman tops up payments you make by at least 25%.
Your employer can contribute and you can transfer in most existing pensions.

Full control

Start, stop and change your payments whenever you need to.
24/7 online access and UK-based call centres.


Trusted

Our customers trust us with over £1 billion of their savings.
We meet and beat industry-wide 'stakeholder' pension standardsLink opens in a new window.

Simplicity

One simple annual ongoing chargeLink opens in a new window of 1% of the value of your pension.
Our straightforward approach gradually moves your money into a lower risk fund as you approach retirement.

Please bear in mind, the value of your investment can go down as well as up and you may get back less than you invest. Tax benefits and tax rules depend on individual circumstances and may change in the future.

The earliest you can normally take your pension savings is your 55th birthday. If you stop or reduce your payments you will reduce the amount you get back from your pension.

Guide to pensions

Pensions in Three Minutes

Watch our straightforward, straight-talking pension video - no jargon, no hassle.

Straightforward pension

  • No difficult decisions about what to invest in - a simple way to save for retirement.
  • Gradually moves your money to reduce the risk as you approach retirement, when looking after your money becomes a priority.
More information and apply
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Prefer to choose your own investments?

If you prefer to choose which fund(s) your pension is invested in, we have five options which you have the freedom to switch between at any time.

Choose your own fund(s)

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