Stakeholder pensions for individuals
Stakeholder pensions for individuals - The basics
- A Legal & General Stakeholder pension is a simple, low cost, tax efficient way to save for your retirement.
- You can invest from as little as £20 gross up to the limits set by the Government. These are listed in our Guide to Stakeholder Pensions.
- The money you pay into your Stakeholder pension (your 'contributions') is put into an investment fund. The aim is to build up this fund to provide you with a pension income when you take your benefits.
5 STAR AWARD
Money Management magazine's 2007 Five Star Award
For pension performance on regular and single contributions to a
Legal & General Direct Individual Pension
Past performance is not a guide to future performance
- Your chosen retirement age for a Legal & General Stakeholder personal pension must be at least five years away.
- With a Stakeholder pension, you can stop, start, increase or decrease, and pay in single contributions at any time without penalties.
- Our Stakeholder pension is great value. We offer low annual management charges and we reduce the rates of your charges as your fund grows.
- We also offer an extensive choice of pension investment funds, so you can select the type of investment and level of risk that suits you.
- You can manage your Stakeholder pension online so that you can see how your pension investment fund is performing. You can also change funds, whenever you choose, at no extra cost.
- You may benefit from lower charges when you apply for a Legal & General Stakeholder pension online. It takes just 20 to 30 minutes to complete your application.
To find out more about Stakeholders for individuals, read our Guide to Stakeholder Pensions.
The value of the units which make up your fund can go down as well as up, so the value of your fund is not guaranteed. It is particularly important to remember this if you are close to taking your benefits. Please remember that your money is tied up until you take your benefits. Please view the other risks associated with this product.
