What is a Ready-Made Pension?

For a simple, smarter way to save for your future, our Ready-Made Pension can help.

Built and managed by our expert fund managers, your pension is invested based on your chosen retirement age. If you’re years away from retiring, we invest in a way to give you the best chance of growth. As you near retirement, we move you to lower-risk investments to help protect your pension value.

You can track your pension’s performance alongside your other accounts and make additional contributions anytime using the Mobile Banking app.

Lloyds Bank serves and supports millions of customers across the UK. So, whatever retirement means for you, discover how it can be made easier with our Ready-Made Pension.

Ready-Made Pension


Why have a Ready-Made Pension?

If you’re consolidating old pensions you no longer pay into, opening a new pension, or if you’re self-employed, our Ready-Made Pension could be right for you.

Do you have one or more pension pots?

Create one, easy-to-manage pot by combining the old pensions that you no longer pay into.

Combine your pensions

Are you new to pensions?

The earlier you save into a pension, the better. A Ready-Made Pension could help get you started.

Ready-Made Pension

Do you want another pension?

Even if you already have a workplace pension, a personal pension may give you better control over your retirement savings. It’s also a way of making the most of your annual allowance.

Ready-Made Pension

Are you self-employed?

If you work for yourself and want to start saving for your retirement, we can support you. 

Self-employed pensions

Why have a pension?

We’ll take you through the basics of pensions, the benefits of saving into one, and help you understand what your retirement could look like.

Pensions explained

Need to understand pensions a little better? Find out how they work and why they could make a difference to your income when you retire.

Pensions explained

Top tips

Discover ways to grow your pension, maximise your contributions, access your retirement savings, and more useful tips.

Our top tips

Try our calculator

Our pension calculator is a guide to what your retirement income could look like. See what happens when you change what you contribute or the age at which you retire.

Pension calculator

Retirement options

There are several ways for you to take your pension when it feels like the right time to retire. Our retirement partners, Scottish Widows, can help you understand all your available options.

Your retirement options

Existing Ready-Made Pension customers

If you’re an existing Ready-Made Pension customer, find out how you can make the most of your pension with us.

Top up, transfer in old pensions, track your performance, or access your money when the time is right.

View more details

Important legal information

Lloyds Bank plc. Registered office: 25 Gresham Street, London EC2V 7HN. Registered in England and Wales No. 2065. Lloyds Bank plc is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under registration number 119278.

Eligible deposits with us are protected by the Financial Services Compensation Scheme (FSCS). We are covered by the Financial Ombudsman Service (FOS).

Calls may be monitored or recorded to help us improve our quality of service.