Which? Recommended Provider for Self-Invested Personal Pensions
“A simple way to invest, at a fraction of the cost of its rivals”Learn more
What is a Vanguard Personal Pension?
It’s a flexible low cost pension that could help your retirement savings go further. Whether you’re just starting to save, or you’re already retired, our low costs mean you keep more of your money.
As with other pensions, the government will give you tax relief on your contributions, which makes it a tax-efficient way to grow your money.
The Vanguard Personal Pension is a Self Invested Personal Pension (SIPP) where you control how you want your money to be invested. Then when you turn 55 you can start to enjoy your savings (this is going up to age 57 from 2028).
Why choose our Vanguard Personal Pension
If you’re a hands-on investor you can build your own portfolio using our individual funds.
You can choose from a wide range of fund types to suit your investment style and attitude to risk.
Over 45 years of experience
We’ve been taking a stand for investors for over 45 years. Now over 50 million clients worldwide invest with us for their future.
We keep our fees low so you keep more of your returns.
Two ways to invest
Compare how you want to invest
You can manage your investments yourself, or let us do it for you. Here’s a quick comparison of the 2 options.
Do it yourself
We do it for you
24/7 access to your investments
UK-based customer service team
Which? Recommended Provider for Investment Platforms
No hidden charges or exit fees
A personal risk profile based on how you feel about risk
Choosing your funds
You pick from our range of over 85
We pick for you based on your risk profile
Managing your portfolio
You manage your portfolio yourself
We regularly monitor your portfolio and make changes when needed
Personalised guidance from our investment experts
You can pay into your pension from business accounts and other Vanguard accounts
Only after your account has been opened
Currently for retirement savers only
0.15% per year
0.15% per year
0.06% to 0.80% per year depending on the funds you choose
Typically 0.16% per year
0.30% per year
From 0.21% per year depending on the funds you choose
0.61% per year
Working for yourself? Try our Personal Pension
We created our Vanguard Personal Pension with the self-employed in mind. It gives limited company directors, sole traders and partnerships the chance to save for retirement in a tax-efficient way.
Check if you’re on track for your retirement
Use our pension calculator to get an idea of how much you should save to get the retirement you want.
Save for retirement and save on tax
Tax relief on your contributions
When you pay into a pension, the contribution that would normally end up as tax goes towards your retirement instead.
25% tax free lump sum
When you start taking money from your pension you can usually take up to 25% tax free.
Benefits for the self-employed
If you're a company director, you could benefit from making pension contributions from your business account.
Investing in a Vanguard Personal Pension is a tax-efficient way to grow your money for retirement.
Enjoy extra pension peace of mind
We make investing straightforward by choosing and managing your funds for you. All tailored to how you feel about risk.
Find your pensions – for free
We can track down old and lost pensions for you. Then you have the option to bring them all together in our Personal Pension.
Create a pension finding account and start your search
Let your pension assistant do the work
Bring your old pensions together in a Vanguard Personal Pension
Bring all your pensions together in a transfer
If you have old workplace pensions all over the place, you could make life simpler, and potentially save money, by transferring them to us.
With no minimum pension transfer value, it does not matter how big or small your pension is.
Pension drawdown without the drawbacks
We do not charge any extra fees when you start to take money from your pension. Everything's included in our standard 0.15% account fee.
Could our Personal Pension be the right choice for you
Still not sure?
Get free and impartial guidance from the government's MoneyHelper service.