Welcome to our Personal Pensions

Planning for your retirement?

Securing your long-term financial future is an important step for everyone, and at Lloyds we’re here to help. We offer personal pension options to help support your long-term goals, along with helpful guides and tools, to help you understand and manage your pension with confidence.

Take the next step with your pension

Ready-Made Pension

  • Our experts in Scottish Widows invest your pension for you so you don't have to.
  • A simple and easy way to save for your retirement.
  • Straightforward, competitive fees.

Whatever retirement means for you, discover how it can be made easier with our Ready-Made Pension.

Open a Ready-Made Pension Open a Ready-Made Pension.

Self-invested Personal Pension (SIPP)

  • Flexibility to choose and manage your own investments, from a wide range of options.
  • Start investing from just £1.
  • SIPP admin fees are capped, leaving more money for you to save for retirement.

Take control of your retirement, tailor your portfolio to fit your needs, risk appetite and financial objectives.

Build and manage your own SIPP Open a SIPP.
Scottish Widows brand image.

Our retirement partner

Our retirement partner for our Personal Pensions is Scottish Widows, who are part of the same family as us. They have more than 200 years' experience in pensions and retirement and will help you understand your options to take your pension when the time is right.

Why choose a Lloyds Bank Pension?

Mobile phone screenshot.
  • A trusted brand. Lloyds serves and supports millions of customers across the UK, working in partnership with our pension and retirement experts, Scottish Widows.
  • Easy to manage. Access your pension on the-go using online banking or the mobile banking app.
  • Straightforward fees. We keep our fees competitive so more of your money is left in your pension to grow
  • Flexible contributions. Set up regular payments and make lump-sum contributions whenever you like. If you're a Limited Company Director, our SIPP also allows you to contribute from your company.
  • Free to transfer. Transfer in old pensions and make it easier to see your savings in one place.
  • Easy to open. You can apply in minutes using online banking or the mobile banking app.

Your retirement journey

 
Man and woman walking in countryside.

What are your retirement options?

With expert support from Scottish Widows, we can help you access your pension when the time feels right – and in a way that suits you.

Retirement options Retirement options.
 
Man and woman looking at laptop.

Do you have more than one pension?

Having all your old pensions together could help make it easier to plan for your retirement.

Combine your pensions Combine your pensions.
 
Man with camera.

Are you self-employed?

Being your own boss means taking care of your pension yourself. However, it doesn't have to feel daunting. We’re here to help, with flexible options to choose from.

Self-employed pensions Self-employed pensions.

Existing customers

Manage your Ready-Made Pension

Find out how we can help you manage your Ready-Made Pension, supporting you today, and when you’re approaching retirement.

Manage your Ready-Made Pension Manage your Ready-Made Pension.

Managing your SIPP

We’re here to give you the confidence to manage your own SIPP, supporting you today, and when you’re approaching retirement.

Manage your SIPP Manage your SIPP.

Protecting your money

The Financial Services Compensation Scheme (FSCS) protects the eligible money you hold with us.

More about the FSCS

Protecting your money

The Financial Services Compensation Scheme (FSCS) protects the eligible money you hold with us.

More about the FSCS

You may also like

Pension Calculator

Keep on track of your contributions with our pension calculator.

Pension Calculator Pension Calculator.

Pension education

Hear more about pensions from the experts.

Pension expert sessions Pension education.

Top tips

Our tips could help make your pensions work harder.

Top tips Pension top tips.

Important legal information

Lloyds and Lloyds Bank are trading names of 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.

Ready-Made Pension and SIPP are provided by Embark Investment Services Limited, a company incorporated in England and Wales (company number 09955930) with its registered office at 33 Old Broad Street, London, EC2N 1HZ. Embark Investment Services Limited is authorised and regulated by the Financial Conduct Authority (Financial Services Register number 737356).