Pensions are long term investments. You may get back less than you originally paid in because your capital is not guaranteed and charges may apply.

Virgin Pension
Minimum investment
£1
Choose from
5 funds
Annual fee
1%
Start planning for your future, with a Virgin Personal Pension. Remember, capital is at risk with this product.
AJ Bell Youinvest Pension
Minimum investment
£25
Choose from
7,000 funds
Annual fee
0%
Market leading investment range. Deal online from just £4.95 per deal.
TPI Pension
Minimum investment
£50
Choose from
24 funds
Annual fee
from 0.79%
No fee for tax wrapper and no transaction charges. Full flexi access draw-down options. Range of fully diversified funds. Top-up from £1.
Hargreaves Lansdown Pension
Minimum investment
£100
Choose from
2,500 funds
Annual fee
0.45%
Voted "UK Best SIPP" by What Investment readers for 7 years running and the UK's largest low-cost SIPP. Free to set up and low cost to run. Trade shares online from just £5.95 per deal.
Bestinvest Pension
Minimum investment
No Minimum
Choose from
2,500 funds
Annual fee
0.3%
The FT’s Best Low-cost SIPP Provider 2013 and 2014. Gain control over your retirement. Capital at risk, SIPPs are not suitable for everyone.
Fidelity Personal Investing Pension
Minimum investment
£1,000 or £100/month
Choose from
2,000 funds
Annual fee
up to 0.35%
The Fidelity SIPP is an easy way to get saving. Invest a single lump sum of £1000, or from just £100 a month.
One low cost service fee of no more than 0.35%. Ongoing fund charges will apply. Capital at risk. SIPP eligibility applies. All tax rules may change. No withdrawal until age 55.
Alliance Trust Pension
Minimum investment
£50
Choose from
2,100 funds
Annual fee
0%
Investments can go down as well as up. You may get back less than you originally invested. A full list of applicable charges is available via the website. Tax rules may change in the future and taxation will depend on your personal circumstances. Alliance Trust Savings doesn't give advice.
AEGON Pension
Minimum investment
£1
Choose from
2000 funds
Annual fee
0%
Aviva Pension
Minimum investment
£5,000, £100/month or £1,200/year
Choose from
2800 funds
Annual fee
0.1% to 0.4%
AXA Life Invest Pension
Minimum investment
£25,000, £100/month or £3,600/year
Choose from
6 funds
Annual fee
0.3% to 0.55%
AXA Wealth Pension
Minimum investment
No Minimum
Choose from
5429 funds
Annual fee
0%
Canada Life Ltd Pension
Minimum investment
£500
Choose from
147 funds
Annual fee
-
Cofunds Pension
Minimum investment
£5,000, £125/month or £1,000/year
Choose from
2800 funds
Annual fee
0%
Friends Life Pension
Minimum investment
£1,000 or £100/month
Choose from
62 funds
Annual fee
0.45% to 0.7%
FundsNetwork Pension
Minimum investment
£1,000, £200/month or £2,400/year
Choose from
2600 funds
Annual fee
0%
J.P. Morgan Asset Management Pension
Minimum investment
£500 or £50/month
Choose from
850 funds
Annual fee
0.5%
Legal & General Pension
Minimum investment
£5,000, £200/month or £2,400/year
Choose from
1600 funds
Annual fee
0.1% to 1%
LV= Pension
Minimum investment
£20,000, £250/month or £3,000/year
Choose from
1600 funds
Annual fee
0.1% to 0.25%
MetLife Pension
Minimum investment
£30,000 or £100/month
Choose from
18 funds
Annual fee
0.5% to 0.7%
Old Mutual Wealth Pension
Minimum investment
£2,500, £100/month or £1,000/year
Choose from
1200 funds
Annual fee
0%

We provide an independent comparison service free of charge but we may receive a commission from some of the companies we refer you to. These are indicated with purple buttons.

Free Brochures & Guides

How to Find the Best Personal Pension Plan

If you want to boost your income when you come to retire, paying into a personal pension plan while you're still working could be a good option. Here's how to find the best personal pensions on offer in the UK.

Chances are you will need to pay into a personal pension plan for several years in order to build up a healthy pension pot which can then be used to generate an income throughout your retirement.

As a result taking the time to compare your options and find out what is the best personal pension plan for you financial circumstances is essential. Here's what you need to consider.

What type of personal pension meets your needs?

Before you undertake any personal pension plan comparison, it makes sense to narrow your options by deciding on the type of pension plan that best suits your finances.

Essentially this involves deciding where you want your money to be invested and how much control you want over the day to day running of your pension fund.

SIPP self invested personal pension plans allow you greater control over where you invest your savings and may be cheaper than traditional managed pension funds.

However, unless you feel confident selecting where your money is invested you may decide that managed personal pension plans accounts are a better option.

Check each pension's track record

The main factor that will determine the size of your personal pension fund when you retire, and ultimately how successful your personal pension is in building your retirement income, is the performance of the fund.

While a previous year's performance is no guarantee of future success, checking the long term track record of UK personal pension schemes before you invest is a good way to get an idea of how they perform compared to their rivals.

Check each account's profits and losses over several years and compare them with both the performance of their rivals and in the context of the economic climate as a whole to get a better picture of each option.

For more help read our guide: How to Find the Right Personal Pension Plan.

Check the fees

As with any type of pension plan, the costs of different UK personal pension schemes can vary significantly from account to account.

Once you know the type of personal pension you are looking for you need to compare the fees each account will charge and invest in the fund with the most attractive package of strong performance and low fees as a whole.

You can compare personal pensions side by side using our personal pension plan comparison table.

Featured guide

Should I get a pension?

Making sure you plan for retirement is essential, but how do you know if a pension is really worthwhile? We investigate the pros and cons of a traditional pension as well as some alternative ways to save for retirement.

Popular guides

6 Essential facts for people with prepaid gas and electric meters

We help you get to know energy prepayment meters: how they work, what they cost, and how to pay less for your prepay energy.

Who supplies water to your home?

If you've just moved into a new house, you'll need to find out who provides your water to set up your account. Here's how to find out your water supplier.

What is the best way to spend overseas?

Spending overseas can end up being costly if you are not careful, so making sure you do not fall victim to extra bank or card charges is essential if you want your money to go further.

Related categories