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.