Retirement Planning & Options

Our complete retirement service

Retirement has changed

Gone are the days of a once and done retirement decision. We understand there is a lot to consider and we want to do the right thing to help our customers.

Wherever you are in your retirement journey, we're keen to support you.

Have you just received your P60?

Find out more about what your P60 means, your frequently asked questions and who to contact for your queries.

P60 information

You’re building-up savings for your retirement and you want to know more about being well prepared for retirement.

Saving for retirement Pension basics My Account

You're working out what to do with a pension pot or several pension pots, to support your retirement.

Before using your pension Your options for using your pension Retirement income calculator

You're looking for ways to pay off an interest only mortgage, to cover a large cost or to increase your income.

Things to consider Equity release calculator

Help and guidance to choose, arrange and pay for later life care for you or someone you love.

Our range of support and information Care Costs Calculator Our Care Concierge Service

Saving for a comfortable retirement

Personal pension

Start saving from only £100.

As a new customer you can transfer an existing pension to us.

Choose from our simple range of five funds. Get up to 25% extra on top of what you save. Capital at risk.

Personal pension

Save with a workplace pension

Workplace pension

Work place pensions are one of the most effective ways you can save for retirement.

Learn about making the most from a workplace pension and the benefits of saving now.

Workplace pension

Combine your pensions into one place

Consolidate your pensions

Trace pensions you’ve lost track of.

Combine your pensions in one place.

Continue saving or get a retirement income, depending on your current age and needs.

Consolidate your pensions
Guaranteed income for life

Pension Annuity

Use your pension pot to buy a guaranteed, regular income for life.

Choose to increase income in line with inflation.

Pension Annuity

Guaranteed income for a set period

Cash-Out Retirement Plan

Use your pension pot to buy a regular income for up to 25 years

Use to fill a gap until a different source of income starts

Cash-Out Retirement Plan

Guaranteed income for a set period with a lump sum at the end

Fixed Term Retirement Plan

Use your pension pot to buy a regular income for up to 25 years, with a lump sum at the end

The security of regular income for a set period, with a lump sum, to make a decision later on

Fixed Term Retirement Plan

Flexible income

Personal Pension Drawdown

Take up to 25% of your pension pot as a tax-free lump sum.

Invest the rest with the flexibility to access the remainder of your pot when you want.

Personal Pension Drawdown

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A loan secured against your home where you don’t have to make monthly payments

Lifetime Mortgages

A form of equity release. The amount borrowed plus interest doesn’t need to be repaid until you die or move into long-term care

You can use the money to repay an existing mortgage or spend it on something else

The amount you can borrow is determined by your age and property value and there’s no affordability assessment. You have the option to pay all, some or none of the interest

Lifetime mortgages

A loan secured against your home where you make monthly payments

Retirement Interest Only Mortgage

A type of residential mortgage, the amount borrowed doesn’t need to be repaid until you die or move into long-term care

You can use the money to repay an existing mortgage or spend it on something else.

You can borrow up to 60% of the value of your home and need to be able to afford the monthly interest payments. As a last resort, your home may be repossessed if you do not keep up payments

Retirement Interest Only Mortgage

Existing customers

We're here to help you enjoy your retirement. Would you like to:

Need help?

We all have something to learn from the guidance and advice available in this complex marketplace - so make the most of the help on offer. Other providers may have more appropriate products or be able to offer a higher level of retirement income.

Retirement guidance

Pension wise

The Government’s impartial retirement guidance will help you avoid the risks and think about what’s right for you.

Book an appointment Contact them

Speak with us

Our colleagues are always happy to help with your questions or to help you apply for a quote.

Understanding your pension options

Connect to an independent financial adviser in your area through Unbiased.

Visit Unbiased website

Retirement planning and options

Helping our customers live a more colourful life since 1836

Our complete retirement service

Retirement has changed

Have you just received your P60?

Saving

Using

More

Care

Our products

Saving for a comfortable retirement

Personal pension

Save with a workplace pension

Workplace pension

Combine your pensions into one place

Consolidate your pensions

Guaranteed income for life

Pension Annuity

Guaranteed income for a set period

Cash-Out Retirement Plan

Guaranteed income for a set period with a lump sum at the end

Fixed Term Retirement Plan

Flexible income

Personal Pension Drawdown

A loan secured against your home where you don’t have to make monthly payments

Lifetime Mortgages

A loan secured against your home where you make monthly payments

Retirement Interest Only Mortgage