Pots with purpose
To make your pension savings work as hard as possible we ask you to split them into four pots. Don’t worry if it feels like a scary thing – we’ll give you projections all the way through and nothing is set in stone.

It’s your money. Stay in control.
Decide how you want to split your savings for the retirement you want to have.
Your income pots
Two different income pots to meet your changing needs in retirement.
Use this pot to take a monthly income in the early years of your retirement. We’ll show you how much you could take each month to help you plan your retirement.
Leave money invested to buy a guaranteed income from an annuity provider later in retirement. Buying an annuity later means you might get a better rate.
Your savings pots
Life is unpredictable - use these for one-off withdrawals or to leave to loved ones.
Put some money aside to leave behind to loved ones or an organisation that’s important to you. We'll leave your money invested in a long-term fund.
Dip into this pot when you need to. You can withdraw money from this pot whenever you want and it’ll be in your bank account within eight working days.
Take your tax-free cash
25% of your pension pot, free from tax
The government lets you take 25% of your pension savings as a tax-free lump sum. We’ll factor your decision in when showing how much you could have in retirement - and if you apply for Smart Retire, we’ll pay it directly to your bank account.
Get early access to Smart Retire
Discover how Smart Retire works by taking a test drive
See how much you could get in retirement with a no-obligation illustration.
Save your Smart Retire illustration to your Smart Pension account.
That’s it - we'll get in touch the moment Smart Retire launches.
We’re here to help
Have a question about Smart Retire? Our friendly UK-based team is here to help.
Simply send us a secure message using the Contact us button at the bottom of your screen and we'll reply as soon as possible.