Personal Pension

Flexible saving for your retirement

How our Personal Pension works for you

Save for your retirement in a tax-efficient way with contributions from the government. See how your Personal Pension works for you. 

Manage online

Stop, start or change payments with no penalties

Flexible retirement options

You can choose how to use your pension money

Leave your money to a loved one

Choose who to leave your money to if you pass away

The value of your pension can go down as well as up and you may get back less than has been paid in.

What our Personal Pension offers

A personal pension is an easy and efficient way to start saving for your retirement.

  • Manage online
    Manage your pension online in MyAviva using your policy number. You can view your pension value, switch funds, change payments and even change your retirement age
  • Flexible retirement options
    From age 55 you’ll be able to take a lump sum payment, keep your pension invested and take money when you need to, convert it to a guaranteed income, or do a combination of these things
  • Leave your money to a loved one
    If you’d like to leave your pension to someone in particular, you can let us know. We’ll make sure we take your wishes into consideration before we make any payment
  • Build around your budget
    If you invest the minimum one-off payment of £10,000, you can choose to make a regular payment of £20 a month. Alternatively, if you invest the minimum regular payment of £200 a month, you can choose to make a one-off payment of £1,000
  • Tax efficient
    For every payment you make into your Personal Pension you get tax relief from the government. This means in most cases an additional 20% will be added. So if you pay in £80, the government will add a further £20. Tax benefits are subject to change, interpretation and depend on individual circumstances

Fair and transparent charges

We charge just 0.70% each year for managing your pension and investments. And if your pension savings go over £20,000 you’ll get a discount. 

Investment funds can have additional yearly and fund manager expense charges.

See our pension fund guide (PDF 225 KB) or visit our Fund Centre for more details.

Manage your Personal Pension online

Log in to your MyAviva account to see your pension details and manage any changes. If you haven’t registered for an account yet, you’ll need your pension policy number to hand.

Important documents

Read more about our Personal Pension and how fund selection works.

Financial advice

If you're looking to open a Personal Pension, you'll have to speak to a financial adviser. Their advice may come at an additional cost, but they can help you decide if this is right for you.

Personal pension articles

Take a look at our library of helpful articles and guides.

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Product provided by: Aviva Life & Pensions UK Limited. Registered in England No. 3253947. Registered office: Aviva, Wellington Row, York, YO90 1WR. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Firm Reference Number: 185896.