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UK pension Transfer: Client

ROPS - Recognised Overseas Pension Schemes


Personal pensions are pensions that you arrange yourself. They’re sometimes known as defined contribution or ‘money purchase’ pensions. You’ll usually get a pension that’s based on how much was paid in.

Some employers offer personal pensions as workplace pensions.

The money you pay into a personal pension is put into investments (such as shares) by the pension provider. The money you’ll get from a personal pension usually depends on:

  • how much has been paid in

  • how the fund’s investments have performed - they can go up or down

  • how you decide to take your money

Types of personal pension

There are different types of personal pension. They include:

You should check that your provider is registered with the Financial Conduct Authority (FCA), or the Pensions Regulator if it’s a stakeholder pension.

Paying into a personal pension

You can either make regular or individual lump sum payments to a pension provider. They will send you annual statements, telling you how much your fund is worth.

You usually get tax relief on money you pay into a pension. Check with your provider that your pension scheme is registered with HM Revenue and Customs (HMRC) - if it’s not registered, you won’t get tax relief.

Plan Your Retirement Guide:

1. Check when you can retire​

Check what age you can get your State Pension

Find out about working after you reach State Pension age

Find out if you can retire early with your workplace or personal pension

Check how much pension you could get

Find out how much State Pension you could get (your forecast)

You may also be paying into a:

Find out if you’ll pay tax on your pension

Find contact details for a lost pension


2. Increase your pension

Speak to a financial adviser, click below to request a callback


You might be able to increase the amount you get if you delay your pension.

For advice about increasing your workplace or private pension, speak to a financial adviser.

Find out about delaying your pension

Decide when to retire

  1. Get advice on planning your pension and deciding when to retire

UK personal pensions

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