Your data will not be shared with a third party other than for the purpose of completing the service which you have applied for. 

Your data will not be shared with a third party other than for the purpose of completing the service which you have applied for. 

Phone 0800 1223 170

to make a telephone application

Lines open: Mon - Fri 9am- 5:30pm

Phone 0800 1223 170

to make a telephone application

Lines open: Mon - Fri 9am- 5:30pm

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Copyright 2016 by Pension Tracing Service ® 

This service is not affiliated with the Department of Work and Pensions or any government body. The Pension Tracing Service does not offer financial advice to our clients. However we can allocate you an Authorised and Regulated Pension Specialist. 

Copyright 2016 by Pension Tracing Service ® 

This service is not affiliated with the Department of Work and Pensions or any government body. The Pension Tracing Service does not offer financial advice to our clients. However we can allocate you an Authorised and Regulated Pension Specialist. 

Stakeholder pensions

Stakeholder pensions

Stakeholder pensions are a type of personal pension and work in a similar way to other money purchase pensions and free pension advice.They are available to anyone under the age of 75 and can be bought from insurance firms, banks and investment organisations. Some retailers also offer them.

Once you pay money into a pension, the managers of the stakeholder pension scheme invest the pension fund on your behalf. When you come to retire the amount payable depends on the amount of money that you have  paid  into the scheme, and how well the investment funds have performed. You can take a 25% tax-free cash lump sum and use the remainder of the fund to buy an annuity when you come to retire. Stakeholder pensions do differ from personal pensions because they must meet a number of minimum standards to ensure they offer good value for money, flexibility and security. For a start, annual management charges are capped at 1.5% a year for the first ten years and 1% after that. You can also switch to a different provider without your current provider charging you and you can start contributions from as little as £20 – this can be paid weekly, monthly or at less regular intervals. And you won’t be charged any penalty fees for stopping, restarting or changing your contributions whenever you want. The scheme must also be run by trustees or by an authorised stakeholder manager to make sure the scheme meets legal requirements.Tax relief Tax relief on stakeholder pensions is the same as for other money purchase pensions. So you get tax relief on contributions of up to 100% of your earnings each year – up to the annual allowance which is currently £50,000. Is a stakeholder pension right for me? Stakeholder pensions can be a good idea if:

Stakeholder pensions are a type of personal pension and work in a similar way to other money purchase pensions and free pension advice.They are available to anyone under the age of 75 and can be bought from insurance firms, banks and investment organisations. Some retailers also offer them.

Once you pay money into a pension, the managers of the stakeholder pension scheme invest the pension fund on your behalf. When you come to retire the amount payable depends on the amount of money that you have  paid  into the scheme, and how well the investment funds have performed. You can take a 25% tax-free cash lump sum and use the remainder of the fund to buy an annuity when you come to retire. Stakeholder pensions do differ from personal pensions because they must meet a number of minimum standards to ensure they offer good value for money, flexibility and security. For a start, annual management charges are capped at 1.5% a year for the first ten years and 1% after that. You can also switch to a different provider without your current provider charging you and you can start contributions from as little as £20 – this can be paid weekly, monthly or at less regular intervals. And you won’t be charged any penalty fees for stopping, restarting or changing your contributions whenever you want. The scheme must also be run by trustees or by an authorised stakeholder manager to make sure the scheme meets legal requirements.Tax relief Tax relief on stakeholder pensions is the same as for other money purchase pensions. So you get tax relief on contributions of up to 100% of your earnings each year – up to the annual allowance which is currently £50,000. Is a stakeholder pension right for me? Stakeholder pensions can be a good idea if:

Help me

Help me

my pensions

my pensions

You’re self-employed

You’re not working but can afford to pay a pension

Your employer doesn’t offer a company pension scheme

You don’t pay into a company pension

You’re on a moderate income and would like to top up the money you would get from a company pension.

You’re self-employed

You’re not working but can afford to pay a pension

Your employer doesn’t offer a company pension scheme

You don’t pay into a company pension

You’re on a moderate income and would like to top up the money you would get from a company pension.