The Self Investment Option is provided via a separate Scottish Widows Retirement Account policy. It is for members of our Group Personal Pensions and Group Stakeholder Pensions policies who
- Are able to make a minimum monthly payment into the new policy of £200
- Are able to make a minimum single payment into the new policy of £10,000
- Are experienced investors and confident in making their own investment decisions
- Want a closer involvement with their pension fund
- Are in a position to adopt a more individual risk-reward balance with some or all of their pension savings
- Want to take advantage of additional flexibility on retirement through our Retirement Income (Income Drawdown) option
Features & benefits
The Self Investment Option offers members of group schemes greater investment choice, flexibility and control
- It is designed to suit customer demand - the option can be removed or added as preferred
- It offers access to a wide range of investment options
- It offers access to Retirement Income (Income Drawdown) option
- Members may also have the opportunity to make non-monetary (in-specie) transfers and/or contributions into their pension
- Online services from the Retirement Account
- Flexible commission structure and transparent charging
Features & benefits
In addition to the Scottish Widows Pension Funds, the Self Investment Option gives members
- Access to a fund supermarket with approximately 1,000 funds from over 50 managers
- A panel of discretionary fund managers to set up and manage investment portfolios
- The option to purchase UK commercial property
- Share dealing - the option to invest directly in listed stocks and shares
- The ability to rollover shares from SAYE schemes and share incentive plans
- In-specie transfers of non-monetary assets (eg commercial property)
- Fixed Interest Cash Deposit Option
- No investment requirement for in-house funds
View fund performance, fund prices and fund factsheets.
Online services
Complete a range of tasks quickly and easily using our award-winning online services, from setting up new schemes to servicing your existing clients
- View payments, investments and charges
- Real time valuations
Literature
Download sales aids, application forms, key features, adviser and client guides from our Self Investment Option literature and Retirement Account literature.
