Mature woman using a tablet

How Smart Retire


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.

A smartphone showing the four pots in Smart Retire

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.

Your savings pots

Life is unpredictable - use these for one-off withdrawals or to leave to loved ones.

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.

Apply in three simple steps

Discover how you could combine your retirement options with Smart Retire.

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.