How much should I save?
The golden rule is to invest as much as you can afford, and the earlier you start the better. Even modest amounts saved now can make a big difference later.
You get tax relief on everything you put away, up to 100% of your annual earnings (subject to an upper annual allowance of £245,000*).
Even if you're not earning you can still pay into your Virgin Pension, and get tax relief on up to £2,880 of contributions each year.
Your employer can contribute too
Your employer can also contribute to your pension. If this is something they would like to do, let us know and we'll send you a form for them to fill in.
You'll find full details in our Terms and Conditions.
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*Please note, if you are able to pay in more than £245,000 a year, you don't get tax relief on payments above that, and in fact you'll be taxed on them. Also, remember that tax treatments may be subject to change in the future.
