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.
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.
Looking for something else?
We offer a variety of retirement options to help you plan for the future you want.
Personal pension articles
Take a look at our library of helpful articles and guides.

How the State Pension works
Knowing whether you’ll be entitled to a State Pension and how much you’ll get is helpful when you’re retirement planning.
Learn about the State Pension

Six simple tricks to help you boost your pension
Giving your pension savings a little push can make a big difference. So take a look at our six tricks which could give it that boost.
See how to save more

What is a pension?
Understanding how different types of pensions work may help you decide which one (or ones) might suit you.
Get to grips with pensions

Understanding your pension statement
What’s in your pension statement and how often is comes will all depend on the type of pension you have.
Get to know your statement

Take control of retirement planning
When it comes to your retirement plans, knowing what to do first can be a challenge. So let us give you a hand – our six-point checklist is a good place to start.
Get planning

What's pension tax relief all about?
Understand how pension tax relief works, what it's based on and the impact it has on paying into your pension.
More on pension tax relief

How long will retirement be?
It's difficult to know for definite. But there are things you can think about to help you plan more effectively.
See how to plan for retirement
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Is your retirement age on target?
Blackadder’s Baldrick was famous for having one. But do you have a plan, cunning or otherwise, for your retirement age?
Read more

Pensions for the self-employed
Don’t let saving for your future slip any further down your priority list: here’s what you need to know about paying into a pension if you’re self-employed.
What you need to know

Moving your pension into one pot
Transferring all your pensions into one could save time and provide a clearer picture when you’re making retirement plans. Capital at risk.
More on transferring your pension

How much income will you need?
When you’re retirement planning, having a clear idea about how much income you’ll need – and for how long – is key.
See how much you'll need

Why pay into your pension early?
Sorting out your pension may not be at the top of your to-do list. But if you get things up and running sooner, it could work out better for you later.
See why to start early

Should I pay extra into my workplace pension?
Understand the pros and cons behind putting your pension savings into a workplace pension versus paying into a personal one instead.
Read the pros and cons

A decade by decade guide to retirement saving
Depending on how close (or far) you are from retirement, see what you can do to make the most of your pension savings.
See if you're on track

Pensions jargon buster
Knowing the meaning behind technical pension terms may help you make more informed decisions when it comes to retirement planning.
Break down the pensions jargon

How much should you pay into your pension?
Considering how much you’ll need for a comfortable retirement will help you decide how much to pay into your pension.
What to pay into your pension
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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.