Compare UK Pension Services
Compare pension services for self invested pensions (SIPPs) where you can pull your existing pension plans into one place.
Lost track of old pension plans? Service for tracking down plans from previous employments.
Annuity service if you are looking to buy a guaranteed income from your pension pot.
Looking To Retire At Age 55? FREE Guide
FREE Guide – Retiring Early!
8 tips for an earlier, wealthier retirement
Transforming that dream into a reality doesn’t come cheap, how could you afford it? Once you have paid off debts, like it or not, the answer is likely to depend on your pension.
Straightforward guide provides eight tips that could help you to retire earlier than you thought, including:
- The simple formula for how much you should consider investing each month
- How to boost existing pensions
- Understanding the options available at retirement (including the new rules)
This guide is not personal advice. Please remember tax rules can change and the value of the tax benefits will depend on your circumstances. The value of investments can fall as well as rise so you could get back less than you invest. Pensions cannot usually be withdrawn until age 55 (increasing to 57 in 2028).
Self Invested Pension
Take Control of your pension!
A self-invested personal pension (SIPP) is different to a traditional pension. Instead of limiting your investment options, a SIPP opens the doors, giving you more choice in how you invest your money. Like other pensions, the government will still give you up to 46% tax relief on the amount you pay in. Once your money is in a SIPP, you won’t have to pay tax on any gains or income your investments make.- Low cost award winning pension – Fixed fee plan keeps costs down over long term
- Investment choice – Choose from more than 40,000 investments
- Ready made funds and investment ideas – Making it easy to select investments
- Expertise – Research, ideas, and updates to help you with your investment decisions
Compare Self Invested Pension Providers
A low cost award-winning SIPP that gives you a choice of over 40,000 investments; Selected funds; Ready made portfolios.
Sipp fee: £5.99 pm – assets up to £50,000, £12.99 pm – assets over £50,000
Low-cost personal pension from award-winning provider Bestinvest. Choose from thousands of investments, get inspiration from guides and articles or opt for a Ready-made Portfolio
Sipp fee: up to 0.4% pa
Thousands of funds to choose from; Select 50 – Browse a list of expert picks. Pathfinder – Risk profiled fund options. Investment Finder – Search 1000s of investment ideas.
Less than £25,000: 0.35% if you have a regular savings plan or £90 (£7.50 a month) if you don’t
£25,000 or more but less than £250,000: 0.35%
£250,000 or more but less than £1 million: 0.20% – and you will automatically qualify for Fidelity’s Wealth Management Service benefits
£1 million+: 0.20% a year for the first £1 million and no service fee for investments over £1 million
Annuity Services
Pension Finder & Transfer Service
There are no tables for this criteria
Standard Life Annuities
Standard Life are one of the largest financial institutions in the UK and in addition has offices in Canada, Hong Kong, Europe and North America, offering a wide range of banking, insurance, healthcare, investment and annuity solutions for its investors. Standard Life began life in 1825 and is now listed on the London Stock Exchange. As of July 2013, the company looked after over £2.32 billion in assets on behalf of around six million customers.
Standard Life annuities include options such as:
- Compulsory purchase annuity
- Impaired life annuity
Other Standard Life retirement products include:
- Income drawdown
- Immediate vesting personal pension
- Immediate vesting personal pension select
Once you have bought an annuity it cannot be changed. It’s therefore important to understand the different annuity options to help you choose what’s right for you. For example:
- Do you want your pension income to be passed onto your dependants after your death?
- Do you want a fixed income for life, or one that changes over time to reflect ongoing changes in the cost of living?
- Do you have any existing health problems or lifestyle factors which could mean that you qualify for extra income from an enhanced annuity?
To help you get the best possible annuity, you need to consider your financial needs both now and in the future. You don’t need a Standard Life pension to purchase an annuity from the company – you are legally entitled to use your pension money to buy an annuity from any provider you wish (known as the open market option). By shopping around for the best deal, you may be able to improve your retirement income over the long term.
Thinking of buying a Standard Life annuity from your pension fund?
The Fair Investment Annuity Service provides can help with:
- Up to 40% more annuity income (depending on your pension provider).
- Information on different types of annuity arrangements.
- Assessment of your circumstances to find the most suitable type of annuity for you – or to find out whether there are any other options more suited to you.
- Information on lifestyle annuities – such as enhanced annuities and impaired life annuities.
- Comparison of Standard Life annuity rates to ensure that you maximise your annuity income.
- Explanation the options available to you and ensuring that you fully understand them.
- Help with the relevant paperwork to ensure that you annuity is processed smoothly.
10 COSTLY PENSION MISTAKES
10 Costly Pension Mistakes Millions of Britons Make
- How to discover if your pension will be enough
- What ‘free money’ most private sector workers miss out on
- How to get a share of £41 billion from the taxman
- How to benefit from the pension freedoms and avoid the traps