Halifax Pension Review
If you are looking for advice on Halifax whether you are looking to start your first pension scheme as an Individual or a Company, looking to transfer your pension or you are about to retire making the right choice is not always straightforward.
Halifax pensions provide stakeholder plans which allow you to save money tax efficiently so that you can make the best use of it in later life. When you retire you can take up to 25% of your fund as a tax-free cash lump sum which you can use for anything you like. Features of Halifax stakeholder pensions include:
- No initial charge
- No minimum contribution
- Can take money out from age 55
- Can choose your own combination of investment funds
- Can stop and start contributions when you want
Halifax pensions can be managed online, and there is also a stakeholder pension plan for the under 18s, which allow parents to invest on their children’s behalf to help provide for their long term future.
If you have a Halifax pension you may wish to review whether it is better to consolidate it into one plan. We work with Pensionbee who can combine your pensions into a new, online PensionBee plan. Their plans are managed by State Street and BlackRock, two of the biggest investment managers in the world. Your pension in one place, accessible online 24/7. See your balance, projected retirement income and make one-off or regular contributions. Their low fees mean it's likely to cost you less too.