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.
|Eligibility||From 16 years old and a UK resident.|
|Access to pension pot||55 years or older
|Tax relief||All 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 payments||Start 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 payments||At any time|
|Employer contributions allowed||Yes|
|Transfers allowed||Yes. |
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 charge||Ongoing charge of 1% of the value of your fund|
|Service||24/7 online access and UK-based call centres|
|FSCS protection||Up to £50,000 of your pension is protected by the Link opens in a new window FSCS|
You'll need your:
Please ensure you read the Key Features and Terms and Conditions
If you're not sure about applying, you should seek independent advice. Find a financial adviser in your area.
If you're not accepting cookies and want to apply online you'll need to change your browser settings.
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.