Stakeholder Pension
A stakeholder pension is suitable for smaller pension pots and provides a cost effective way to save for retirement.
A Stakeholder pension has certain features. Some of
these are:
- Limited charges
- Low minimum contributions
- Flexible contributions
- Penalty-free transfers
- A default investment fund - a fund your money will be invested
in if you don't want to choose.
More about the Stakeholder Pension
These may be offered through some employers or you can start one
yourself. Stakeholder pensions are private pensions which must have
certain features.
Fund Choice
Bestinvest have teamed up with Scottish Widows to offer our
clients access to a stakeholder pension with additional benefits to
that normally available in the market.
Key Features
A summary of the main characteristics of the Scottish Widows
Stakeholder pension plan, including Bestinvest's recommended asset
models and all the application forms for you to download.
Apply for a Stakeholder pension
Pension FAQ
What is a pension?
Pensions are long-term investments with special tax rules, for
example you get income tax relief on contributions.
What is a SIPP?
This is another type of pension wrapper that has become more
readily available recently. It allows you to invest in a wider
range of funds and asset classes. When you retire there is more
flexibility to how you can draw your income.