Pensions & Retirement
We've got a range of options to make your retirement work
Pensions
Stakeholder Pension
You can start a Stakeholder Pension plan with as little as £20.
It's a tax-efficient way of investing for your retirement, but bear in mind that you won't have access to the money in your pension fund until you retire.
Retirement
Equity release
We offer a choice of plans - the Lifetime Mortgage or Home Reversion plan
You could release money from your home to help fund your retirement.
This is a Lifetime Mortgage or Home Reversion plan. To understand the features and risks, ask for a personalised illustration.
Personal Pension
You can make regular or one-off payments into a Personal Pension plan and stop, restart and change your payments to suit yourself.
Choose from over 190 funds from some top names in investment management. But remember, that the value of investments can go down as well as up and is not guaranteed.
Annuities
Turn your pension fund into a guaranteed income for life with an annuity
Choose from four different annuities offered by Norwich Union
Once you've bought your annuity, it has no cash-in value at any time
Income drawdown
Income drawdown part of your fund is used to provide an income, while leaving the rest of your fund invested.
It puts you in control of your retirement, so you can retire fully or gradually.
Which option is right for you?
Which pension is right for you?
Tools & calculators
- Pensions calculator
- See whether you're on track to fund the retirement you want.
- Your pension timeline
- From choosing your pension right through to your retirement.
- I'm near retirement, what next?
- How you can prepare financially for your retirement.
- Budget calculator
- Work out how much you can afford to save in a pension fund.
- What are the tax benefits?
- Find out about tax relief and the rules on allowances.
- I've reached retirement, what now?
- Making the most of your income in retirement.
Pension Tracker
Keep your retirement planning on track. Access your pension plan details when it suits you with Pension Tracker.
WC03044 09/2008