Flexible income pot

A flexible drawdown product giving you complete control over your income in the early part of your retirement

How the pot works

  • Pays a monthly amount direct to your bank account

  • PAYE tax is deducted at source if applicable

  • You can change the monthly amount at any time

  • Continues paying an income until your chosen later life age, or the pot runs out of money

Icon of a hand holding money

Questions and answers

If you have any questions, give us a call or send us a message using the Contact us link on your screen - we’re happy to help.

Do I pay tax?

Yes. We’ll deduct any income tax due, if applicable, before it’s paid into your bank account.

Can I transfer all my Smart Pension accounts?

You’ll need to consolidate your Smart Pension accounts together before joining Smart Retire.

Are there socially responsible funds?

Right now, we don’t offer ethical, environmental or religious fund options.

Investment fund details

Money you put in this pot is invested in the Smart Income Fund. This fund is provided by Legal & General.

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.