Read all the literature below to understand more

• Member Guide – this should answer most of your questions.
• Key Features – important information you need to read.
• Example Illustration – this shows our standard charges and how they could affect what you might get back. Your actual charges may be different from those shown, please see your personalised illustration for details of these.
• Nomination Form - You can choose who gets your pension benefits if you were to die. Just download the form, fill in the name(s) then sign it. You can scan and email the form to supportme@scottishwidows.co.uk or post it to: Scottish Widows, 15 Dalkeith Road, Edinburgh, EH16 5BU
• Declaration
• Important Notes For Applications
• Policy Provisions

Unless your retirement is on the horizon, you may struggle to picture exactly what you’ll be doing in 20-40 years time. Our Retirement page can help you think about things that you should do whether you’re years from retirement or retiring soon.

These days most people have had a number of different jobs and collected a few different retirement savings pots. With Scottish Widows you can bring all of them together to make it easier to plan for your retirement, you may even be able to reduce your annual management charges and improve the range of investment choices available to you.

We can provide a pension transfer service for most transfer scenarios. See our transfer process for more information about this service and for some things to consider before deciding to transfer.

Your employer will give you details of the default investment option they’ve picked for your pension. You have the option to change your investment choice after the first contribution has been made.

Your options are:

• Choose to stay in the default investment option,
• Choose one of our Pension Investment Approaches or one of our Premier Pension Investment Approaches based on your feelings about risk, how you currently intend to take your benefits and the way you want your money to be invested, and then let us manage this through to your retirement, or
• Be very ‘hands on’ and select from our collection of investment funds.

Guidance to making your investment choice

1. Read our Pensions Investment Approaches Guide, Premier Lifestyling Options Guide and our Pension Fund Investors Guide for information on the options available.
2. If you’re thinking about investing in one of our Pension Investment Approaches or one of our Premier Pension Investment Approaches, use the Investment Decision Tool to find out which approach to investing is best for you.
3. Get the latest Fund Prices.
4. If you want to switch your funds, we recommend speaking to a financial advisor (you may be charged for this service). If you don't have a financial adviser you can find one in your local area at www.unbiased.co.uk. If you are clear on which fund you want to move to, you can call us on 0345 300 2443.

Our range of tools can help you throughout your Retirement Journey.

Years from retirement and nearing retirement

• Cost Of Delay Calculator – find out the benefit of paying in today.
• Investment Decision Tool – what type of investor are you?
• Pension Planner Tool – see how much you could get when you retire.
• Charges Sheet Tool – use this tool to work out the charges for your investment choice.

Retiring soon

• Pensions Options Calculator – calculate and compare your pension options – based on your pension pot.
• Tax Calculator – get an indication of how tax might be deducted if you decide to take a cash lump sum.