Learn more about Personal Pensions
A Personal Pension is a long-term investment that you build-up during working life so that your retirement is not spent worrying about money. But with tax-rules, Government contributions and Pension restrictions on the age you need to be to cash in, it can often seem like a dark art.
We believe a Personal Pension should be no different to any other investment; it should help you reach your financial goals as quickly as possible and you should have complete visibility and control at all times. That's why our Fully-Managed Investment Portfolio in a Pension gives you exactly that.
It offers the ability to transfer - for free - any existing pensions from other providers, so it all sits in one place. It also gives you the same benefits of our other products such as access to a global team of experts managing your money, instant investment top-ups, and 24-7 access to its performance with our app.
How our Fully-Managed Investment Portfolios in a Personal Pension do more
Watch our short video to find out how hard your money will work in our Fully-Managed Investment Portfolios.
9,000 experts in 200 locations
With access to more than 9,000 professionals in 200 locations around the world, our expert in-house team makes the investment decisions for our Fully-Managed Investment Portfolios.
Maximise your returns & reduce risk
Our access to a global team of experts with thousands of holdings allows us to blend multi-asset investment strategies and create unique opportunities for growth.
A Fully-Managed Service for you
We'll assess your personal circumstances and attitude to risk to offer you a suitable Fully-Managed Investment Portfolio Service for your Personal Pension.
See how easy it is to set up a Personal Pension with us
Tell us about your goals and current finances
So we can help you fully, we need to understand you. We'll ask a few simple questions about why you're here, your current finances and what your financial goals are for the years to come.
We'll assess your risk
We'll guide you through a range of questions to assess how you feel about risk, then we'll highlight how our Fully-Managed Investment Portfolio Service might look for you.
That's it! Your Fully-Managed Investment Portfolio is ready
Pay by debit card, direct debit or transfer and we’ll begin managing your investment so you can leave the hard work to us. You'll have access to review your investment 24 hours a day, 7 days a week.
Benefits of our Personal Pension
Join the thousands of people who have already chosen to invest their money with True Potential Investor and our Personal Pension account.
Global investment team
We have access to 9,000 experts in 200 locations around the world.
Fully-Managed Investment Portfolios
Our expert in-house team manage your investment, so you can leave all the hard work to us.
No transfer fees
We won’t charge any fees for the transfer when you transfer to one of our Fully-Managed Investment Portfolios.
Easy to access
Our app has everything you need all in one place so you can track your investments 24/7 from a range of devices.
Unique to True Potential Investor, impulseSave® is a world-first investment feature that allows you to top up your accounts on the go from as little as £1.
Easy to set up
It only takes ten minutes to set up an account with us. Tell us a few details about you and your investment goals and we’ll do the rest.
Common questions about Personal Pensions
What is a Personal Pension?
A Personal Pension is a long-term, tax-efficient savings method that helps you set money aside for later life and retirement.
The money you invest can be used as an income when you retire.
When you pay into a pension, your contribution is boosted by tax-relief. For a Basic Rate tax payer, this is an additional 20%, Higher Rate tax payers get 40% relief and Additional Rate taxpayers 45%. Basic tax relief is claimed on your behalf, but the Higher and Additional Rates must be claimed on an annual tax return.
How much can I invest in a Personal Pension?
Whilst there is no limit on what you can invest in your Personal Pension, there is a limit on how much tax relief you can claim each year on your contributions. Tax Relief can be claimed on up to 100% of your earnings or £40,000, whichever is the lower.
For more information about pension transfers, visit our transfer to us page.
In fact, with auto enrolment many people now have more than one pension. If you’d prefer to have your retirement savings in one place, you may be able to consolidate your pensions by transferring them into one account. For more information about pension transfers , visit our transfer to us page.
Can I withdraw from my pension?
With a pension, you can usually withdraw your funds once you reach 55 years old.
You will typically be able to access 25% of the value of your pension pot tax free. The rest is subject to income tax rules at the time of withdrawal.
Need to find out more about fees? Read our FAQs
Some important information
With investing, your capital is at risk. The value of your investments will rise and fall at times and you could get back less than you invest.