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Pensions

Want to retire with more?

Relying on your workplace pension isn’t the best way to take charge of your future. We’ll put you in control of your retirement.

Set up your pension

Already got
a pension?

Got multiple pension pots? Bring them together and track your progress towards retirement.

Understand your mynestegg pension in just 75 seconds

To use the mynestegg service, you must be aged between 18 and 75, be a UK resident for tax purposes, and have access to your email address and NI number

What is a pension?

A pension is a financial retirement plant that provides you with a source of income when you stop working. 

Still not sure?

Pensions are important, so if you’re a little confused by the whole process, our simple guide will straighten things out, without the complicated jargon.

Why do you need a pension?

Your pension’s the key to retiring the way you want.. It’s going to provide the money you need when you stop working. And it comes with a few key benefits:

  • There when the time comes

    You can access your pension from the age of 55 (rising to 57 in 2028), so it can’t be spent on holidays or impulse buys.

  • Tax relief on what goes in it

    You can claim tax relief on up to £60,000 that you pay into your pension every single tax year.

  • No tax on what grows in it

    If your pension grows from investments (which is the aim of a mynestegg pension), you won’t pay any tax on that growth.

  • And a tax free lump sum when you retire

    You can take a tax free lump sum of 25% of your pension pot when you reach retirement age, giving you the freedom to enjoy your retirement.

Set up your pension

Why choose mynestegg?

We believe saving should be simple. And that goes for your pension too. Building your nest egg should be quick, easy and secure. So with a mynestegg pension:

  • Set your pension goals and see your progress
  • See all your savings from one app
  • Low account fees
  • No fuss, no hassle, no confusion
  • No entry fees, no exit fees

All your pension details in the palm of your hand

  • Track how your pension is performing
  • Top up your savings with a tap
  • Keep an eye on all your investments
  • Plan for your future

However much you save into your pension, save with mynestegg

An early retirement for the price of a coffee a week. Or a triple mocha-latte, if you’re feeling flush. Sounds good to us, but if you have any more questions about pensions, our knowledge hub is packed full of information. See for yourself.
Visit the Knowledge Hub

Capital is at risk with all investments.