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Pensions
Invest in your future with our personal pensions.
Welcome to Pensions
Planning for retirement is an important step in securing your financial future, and at Bank of Scotland we offer personal pension options to help you achieve your goals. We provide resources and guidance to help you understand and manage your pension, making sure you can plan effectively for a comfortable retirement.
Why choose a Bank of Scotland Pension?
- We’re a trusted brand: Bank of Scotland serves and supports millions of customers across the UK, working in partnership with pension and retirement experts, Scottish Widows.
- Expertly managed investments: Providing access to funds where the hard work is done for you, so you don’t have to.
- Easy to manage: Access your pension on the go anytime, anywhere using Internet 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. You can also do this from personal or Company accounts.
- Transfer in old pensions: You can transfer in all your old pensions, so you have a complete view of your retirement savings.
- Easy to open: You can apply in minutes using Internet Banking or the Mobile Banking app.
Which type of pension is right for you?
Ready-Made Pension
- Built and managed by experts.
- 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.
Self-Invested Personal Pension
- Flexibility to choose and manage your own investments.
- Start with contributions from as little as £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.
Take the next step
Do you have more than one pension?
Having all your old pensions together could help make it easier to plan for your retirement.
Are you self-employed?
We can support you with building your retirement savings, the same way you’ve built your business.
Do you know your retirement options?
We can help you access your pension when the time feels right – and in a way that suits you.
We're all part of Lloyds Banking Group which incorporates many well-known companies including Halifax, Scottish Widows, Halifax Share Dealing Ltd and Embark Investment Services Ltd. Our retirement partner for our pensions is Scottish Widows, who have more than 200 years' experience in pensions and retirement.
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Bank of Scotland plc. Registered in Scotland No. SC327000. Registered Office: The Mound, Edinburgh EH1 1YZ. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under registration number 169628.