Group personal pension plan

Save for your retirement in a tax-efficient way with contributions from the government. See how your Personal Pension works for you. The value of your pension can go down as well as up and you may get back less than has been paid in. We charge just 0.

Pensions in the United Kingdom , whereby United Kingdom residents have some of their wages deducted to save for retirement, can be categorised into three major divisions - state, occupational and personal pensions. Automatic enrolment has been successful, but there are a number of myths [1] remaining around the scheme, which professional bodies and companies are working to eradicate. The state provides basic pension provision intended to prevent poverty in old age. Until men over the age of 65 and women over the age of 60 were entitled to claim state pension; from April the age for women is gradually being harmonised to match that for men. The basic state pension, then known as the "Old Age Pension" was introduced in the United Kingdom which included all of Ireland at that time in January The qualifying age was 70, and the pensions were subject to a means test. Until the 20th century, poverty was seen as a quasi-criminal state, [ citation needed ] and this was reflected in the Vagabonds and Beggars Act that imprisoned beggars.

Find out more about cookies. There are 3 ways to get in touch. You can either give us a call , complete an online enquiry form , or contact us in writing. We aim to answer most of our customers calls within 5 minutes, however during peak times this may be slightly longer. In order to get you to the right team as quickly as possible, please have your policy number ready.

We have a range of funds for Aviva and ex-Friends Life policies for you to take a look at. If a fund has more than one series there may be a difference in the unit prices and charges. We also offer a range of auto-switching plans for different products.