It’s important to understand the different options available to you before you make a decision on what to do. Below we explain the things you should consider before deciding to take a flexible retirement income.

Apply online

If you are confident you want to take a flexible retirement income, you can use an online service provided by Standard Life who are part of Phoenix Group. Standard Life are experts in helping customers make good choices with their life savings so you know you’re in good hands.

Here are some of the questions and informationcustomers find useful when considering transferring their pension for a flexible retirement income.

Remember, you can shop around and take a flexible income with a provider of your choice.

 

Please note: It’s important that you have received and read your retirement pack before you start the online journey to transfer your pension plan to Standard Life Active Money Pension.

If you already have a Standard Life pension plan, please call us back on 0345 671 2222 so we can arrange for Standard Life to discuss your options with you.

How to apply

The online service is a simple step-by-step journey and it’s been designed to make it easy for you to understand all the things you need to think about when making your choices.

If you want to take a flexible income with Standard Life, click below to get started straight away.

Apply now

If you are not sure what you want to do or have questions about your options, please contact our customer service team.

Step 1

You can use the online service to transfer your pension to a new Active Money Personal Pension provided by Phoenix Life Limited, trading as Standard Life.

Step 2

Standard Life will let you know when the transfer has completed and you can go online and take the money you want from your pension.