Why should I have a personal pension?
For many, it’s to have the freedom and security to enjoy their later years. A personal pension is essentially a long-term account to support your state or employer pension when you decide to retire – and it also comes with some great tax-free advantages.
See our range of accountsInvest up to £60,000 per tax yearYour pension annual allowance lets you invest 100% of your income up to £60,000 (including your employer contributions).
A top-up from the taxmanIt only costs 80p of investment to save £1, thanks to 20% government tax relief. And it’s even more efficient if you’re a higher earner.
Tax-free growthAll growth is free from capital gains and income tax.
Remember that investments go up and down in value, and you could lose money as well as make it. How you're taxed will depend on your circumstances, and pension and tax rules can change. We don't offer investment advice, so you'll need to be confident you can manage your SIPP yourself. By making the Ready-made pension and AJ Bell funds available to you, we’re not making a personal recommendation.
Self-invested personal pension (SIPP)
Take control of your pension with our hands on Self-invested personal pension.
Key benefits:
Free Pension finder service
Access to the full AJ Bell investment range
You choose how, when and where your pension is invested
Charges:
Deal from £1.50 and never pay more than 0.25% annual account charge
Ready-made
pension
Let our experts manage your investments with our low-cost, hassle-free pension.
Key benefits:
Free Pension finder service
Simple, streamlined AJ Bell investment range
Your investments managed by AJ Bell's expert team
Charges:
One simple charge of either 0.45% or 0.60% depending on your choice of fund
Junior Self-invested personal pension
Kick-start your little one’s pension with our hands on, self-invested account.
Key benefits:
£3,600 annual allowance
Access to the full AJ Bell investment range
You choose how, when and where their pension is invested
Charges:
Deal from £1.50 and never pay more than 0.25% annual account charge
Currently, our Ready-made pension is only available to new AJ Bell customers. You can only hold one pension account at a time, so if you already have an AJ Bell SIPP, you will not be able open a Ready-made pension and vice versa.
Track down a lifetime of lost pensions
With our Pension finder service, we’ll track down pensions from your previous employers* and transfer them into your chosen AJ Bell pension.
You’ll need to have an AJ Bell account to use this service. Once you do, we’ll just need a few details about your previous employers – we can then track down old workplace pensions. This usually takes 6-8 weeks, and once found, we’ll combine them into your personal pension account.
Learn more about our Pension finder
*Most lost UK pensions can be combined into an AJ Bell Ready-made pension, but there are exceptions. Pensions with special guaranteed benefits, any public sector pensions, or those from jobs left before 1990 cannot be combined. If you have any lost pensions that cannot be moved to a Ready-made pension, or if you need financial advice before transferring to us, we will notify you.
Still unsure about your pension?
We get it, planning for retirement can be daunting and confusing. If you want to know more about saving for retirement or tips on how to make your pension last as long as you need, find out more below.
Having multiple pensions can mean it’s difficult to get an overall picture of your retirement savings. Discover why and how you should combine your pension pots.
Should you invest your pension money or keep it as cash? Learn about important things to consider when looking to grow your retirement savings.
Learn about the different types of accounts you can open to start saving for retirement, such as a pension or Lifetime ISA, and how much you might need.
Why choose AJ Bell?
As one of the UK’s largest and most popular investment platforms, we want to help you feel good, investing.
Here are just some of the reasons why over 561,000 customers have an AJ Bell account.
We’ve got
pension pedigree
As the UK's first online Self-invested personal pension, we know a thing or two about helping you save for retirement.
You’re in safe
hands
We’re listed on the FTSE 250, so you know you’ve got one of the UK’s largest and financially secure SIPP providers behind you.
The support you need,
the way you need it
Whether it’s over the phone, email or webchat, our friendly team will be there to support you.
We'll help you get investing
For over 25 years, AJ Bell has made investing simple and affordable.
We’re a 7x Which? Recommended Provider, with an award-winning range of accounts.
If you’d like more information about AJ Bell’s accounts and services, get in touch with our friendly customer services team - we’re here to help.