3 reasons why a personal pension could be right for you
Planning for retirement may not be at the top of your to-do list. But here鈥檚 why we think it鈥檚 worth considering, along with some information about the Santander 糖心原创vlog Pension
Did you know only 17% of self-employed people in the UK pay into a personal pension each year?1 If you鈥檙e one of the 83% who hasn鈥檛 got around to it yet, we get why. You might be busy running your business day-to-day, or busy strategising about how to take your business to new heights, but either way you鈥檙e busy.听
We want to help. The Santander 糖心原创vlog Pension is great for those who work for themselves. It鈥檚 simple to get started with as little as 拢20 per month, or a lump sum of 拢100. You can choose to add more money when you鈥檙e ready and manage it yourself online.听
If you鈥檙e looking to invest or transfer 拢20,000 or more, we offer an advised pension service. With dedicated advisers on hand to chat with you about your retirement goals and make personalised recommendations.
3听 reasons to think about a personal pension
1 . You鈥檙e in charge听
Not having access to a company pension means you need to look after your own retirement plan. We make it simple to get started. You pay in what you can and choose how you want your money invested. And for every 拢80 you pay in, the UK government will add 拢20 to your account. If you pay higher or additional rate tax there are more tax benefits as well.
2. You dream about having a better or earlier retirement
No matter how much you love your business, nobody wants to work forever. With the Santander 糖心原创vlog Pension, you can add lump sums from as little as 拢100. You can also set up a regular amount from 拢20 per month. Both may steadily grow your overall retirement amount.
3. You can have all your retirement savings in one place
If you were employed before going out on your own, you might have a company pension or 2. You may be able to transfer these into your Santander 糖心原创vlog Pension. It鈥檒l be easier and simpler to manage your income when you retire. We even remove the hassle by managing the process for you.
We hope this has given you something to think about. If you鈥檇 like more information, or to get started, you can visit our personal pension website.
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As with all investments, your capital is at risk, and you may get back less than you invest. Investments should be held for the medium to long term (5+ years).听
You normally can't take your pension savings until the minimum pension age has been reached. You鈥檙e free to transfer to another provider at any time.听
The tax treatment of your investment depends on your individual circumstances and may be subject to change in the future.
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