This page relates to anyone with a policy number that starts with the letters TM.

What happens to your pension?

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

Your Standard Life pension belongs to you, but we know when you leave an employer it can be a good time to review your pension.

Whilst your employer payments will stop you still have other options to consider, including transferring other pensions to Standard Life, it that’s right for you.

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
    It is important to change your email address to a personal email so you can still receive important information.
  • Check your beneficiaries and retirement age
    So you know everything is up to date
  • Check your charges
    You can find information on your charges within the Standard Life app and you can also compare your charges via the Charge Comparison Tool

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