The Stakeholder Pension Plan is for clients who want a simple pension to save for their retirement. It offers charges capped at 1% and is a tax-efficient retirement plan suitable for people who are
- Under 75
- Resident in the UK
- Able to make a minimum £20 net investment
- Looking to contract out of the State Second Pension*
*The Government has decided that from 6 April 2012 individuals will no longer be able to contract out of the State Second Pension (S2P). From this date, those who are contracted out will be automatically contracted back in to S2P, and no further contracting out rebates will be paid.
Use a decision tree to help decide
Decision trees are simple step-by-step guides designed by the Financial Services Authority (FSA) to help your clients decide whether a Stakeholder pension is suitable for them. It does not give them financial or professional advice and they should not regard it as doing so.
Features & benefits
Not for your client?
Take a look at our other retirement planning options: Personal Pension Plan or Retirement Account.
- Minimum payment £20 net
- AMC set at 1% maximum*
- Default option Scottish Widows Consensus Fund
- 3 lifestyle options to choose from: Cautious, Balanced and Opportunity
- Ability to stop, start, change payments and transfer out without charge
- Option to move to a pension with more choice as your clients' needs change, such as the Personal Pension or Retirement Account
Features & benefits
*The Government currently permits a maximum charge of 1.5% for the first 10 years. Scottish Widows has held the charge at 1% since the launch of Stakeholder. We have the ability to change charges in the future.
To help you offer your clients the best return on their investment we have a range of funds including
- Over 15 externally managed funds
- Unit-linked funds
- Ability to invest in up to 10 funds at any one time
View fund performance, fund prices and fund factsheets.
Online services
Complete a range of tasks quickly and easily using eServices, from setting up new business to servicing your existing clients
Literature
Download sales aids, application forms, key features, adviser and client guides from our Stakeholder Pension literature.
Tools and calculators
Our online tools and calculators can help you make clear recommendations, including reports, to support your recommendations and an audit trail for compliance purposes
