If your policy number starts with the letters TM please see our page Leaving your employer trust pension

What happens to your pension?

Your employer or trustee will tell us when you leave your job.

Your Standard Life pension – and everything in it – belongs to you. While your employer payments will stop, you can usually set up a new regular payment to continue paying in, if you want to. You can also transfer other pensions to Standard Life, if that's right for you.

Our competitive charges help you keep more of the money you make. Use our charge comparison tool to estimate your pension charges.

What do I need to do?

Don’t worry – we’ll handle the paperwork. A couple of things you can do:

  • Add a personal email address
    So you can still receive important information about your pension plan after you leave your job
  • Check your beneficiaries and retirement age
    So you know everything is up to date

Why Standard Life?

Wherever work takes you, Standard Life is a great home for your retirement savings. We’ve been looking after people’s futures for nearly 200 years, so we know pensions. We offer:

  • Low charges

    Your charges including any discounts will normally stay the same. Check online or in the app

  • Easy transfer

    Bring old pensions together with Standard Life if that's right for you

  • Secure messages and UK support

    You can send us a secure message online or in the app anytime. And our UK-based pension experts are a phone call away

  • Options to access your pension

    Choose how to take your money from age 55 (57 from 6 April 2028)

A pension is a long-term investment. Its value can go down as well as up and could be worth less than was paid in. Laws and tax rules may change in the future. Your own circumstances and where you live in the UK will also have an impact on tax treatment.

Frequently asked questions