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PERSONAL PENSION

STRAIGHTFORWARD PENSION

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With our straightforward approach it's easy to set up and manage your personal pension. You choose how much and how often to invest, we do the rest.

EligibilityFrom 16 years old and a UK resident.
Access to pension pot55 years or older
Minimum balance£1
Tax reliefAll contributions automatically topped up by 25%.
You may be able to claim more.  
  Tax relief means the taxman tops up each pension payment by 25%, whether you're employed, self-employed or not employed.

Each year, most people can contribute tax-free up to the lower of 100% of your salary or £40,000. However the rules can be complicated so if you are unsure visit Link opens in a new windowHMRC's Tax On Your Private Pension Contributions for more information.

If you earn £110,000 or more the rules for you are different you should read about the Link opens in a new windowGovernment’s new tapered annual allowance.

Tax depends on your individual circumstances and may change in the future.
Regular paymentsStart and stop your payments or change your payment amount whenever you need to

This may reduce the amount you get back from your pension.
Lump sum paymentsAt any time
Employer contributions allowedYes
Transfers allowedYes.  
 You can transfer most existing pensions into a Virgin Pension, but you need to make sure it's the right thing for you to do.
We would strongly recommend you get independent financial advice first, to make sure you understand the costs, benefits and risks involved.
Please contact us for more information or visit Link opens in a new windowwww.unbiased.co.uk to find a financial adviser in your area.
Annual management chargeOngoing charge of 1% of the value of your fund
Other feesNone
Service24/7 online access and UK-based call centres
FSCS protectionUp to £50,000 of your pension is protected by the Link opens in a new window FSCS

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.

You do not have the right to cancel stock market based investments like the Virgin Stakeholder Pension that are sold over the phone or online.

Apply now

You'll need your:

  • National Insurance number.
  • Bank details (for regular payments) or your debit card details (for lump sum payments).

Please ensure you read the Key Features and Terms and Conditions(PDF, 597KB)

If you're not sure about applying, you should seek independent advice. Find a financial adviser in your area.

Your application

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If you would like to talk, just give us a call

03456 10 20 40

We're here 8am to 9pm Mon to Fri, 9am to 6pm Sat. Sorry, we're not open on bank holidays.

  Call charges and information

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084 numbers Maximum of 7p per minute, plus your phone company's access charge.
087 numbers Maximum of 13p per minute, plus your phone company's access charge.
0800 numbers Free from UK landlines and personal mobile phones.

Calls may be recorded for training and quality purposes.