Personal Pension Plan
Investing gives you the chance to grow their savings, but there’s a risk that the value of their investment could go down as well as up.
What is a Personal Pension Plan?
A Personal Pension Plan offers a flexible, risk-controlled and affordable way to invest for your retirement. You can contribute monthly and/or single contribution up to the maximum limits allowed by HM Revenue & Customs.
Our Personal Pension Plan starting from as little as £20 with tax relief at the current basic tax rate automatically added to your contributions. Your contributions will invest in funds free from UK Income and Capital Gains Tax. Up to 25% of the retirement fund that you accumulate can be taken in the form of a tax-free cash lump sum.
If you are self-employed or you have no earnings but can afford to save for your retirement, our Personal Pension Plan may be suitable for you.
Expert managers to make investment decisions
Flexible contributions
Monthly or single contributions can start from £20
Exclusive member benefits, a thank you from us to you
Our Pension Plan
A straightforward retirement fund
Foresters Stakeholder (Schroders) Personal Pension Plan
- A straightforward, flexible, risk-controlled fund designed for Foresters customers.
- No more than 60% invested in shares to help reduce risk.
- Invest over the medium to long-term.
- Professionally managed fund by Schroders.
Risk rating: Medium-low
Annual Management Charge 1.5%, reducing to 1% after 10 years.
Product informationTax treatment depends on individual circumstances and may be subject to change in the future. As with all stock market investments the value of your Plan can fall as well as rise, and you may get back less than has been paid in.
1.5% - 1%
Annual Management Charge
1.5% reducing to 1% after 10 years
0%
Transfer or contributions fees
Including entry and exit fees
£20
Minimum contributions
With single or monthly payments
Why invest with Foresters?
Highly rated
Our customers and members rate us 4.7 out of 5 for our service
Trusted
2.2 million customers trust us with over 6bn funds to look after
Established
Managing family finances and making a positive impact for over 150 years
We go the extra mile
Financial Advisers, expert investment managers, and exclusive benefits
Get rewards by becoming a Foresters member
If you open an Personal Pension with us you become a member, and will have access to a range of exclusive benefits at no cost.
Member benefits are not regulated by the PRA or the FCA and may change in the future.
Want to discuss your savings options?
Foresters provides a personal financial planning service by video call or in the comfort of your home. To help meet yours and your family’s current and future financial needs, at no extra cost.
As a Foresters member you have access to loads of member benefits!
All of these benefits come at no extra cost to you - because at Foresters it’s what we do.
Educational Benefits
Lifelong Learning - Online learning library to explore an interest, or just to learn something new. Access anytime, anywhere. Learn more
Foresters Renew - Get up to £1,000 to help reskill, upskill and grow in your career. Learn more
Scholarships - Each year, Foresters award scholarships to students who are committed to making a difference and their studies. Learn more
Financial Benefits
MemberDeals - Discounts on retail shops, hotels, restaurants, attractions, electronics and so much more! Learn more
LawAssure - An online document preparation service that helps you create legal documents like wills. Learn more
Well-being Benefits
Foresters Go - A wellness app that rewards you for living well and giving back. Learn more
Foresters Care - A one-off, £200 grant that allows you to help out when you see a need in your local community. Learn more
Community Grants - Organise or join local volunteer activities such as beach cleans, and fun family events like theme park visits. Learn more
Description of member benefits that you may receive assumes you are a Foresters member. Members must be 18 years of age or older and must have an active Foresters Plan and maintain it in good standing. Foresters member benefits are non-contractual, subject to benefit specific Eligibility requirements, Definitions and limitations and may be changed or cancelled without notice.
Supporting you at every step
Contact us
We are here to help with any queries about your Plan, our service, products or anything you want to know about Foresters Financial.
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About member Benefits
Description of member benefits that you may receive assumes you are a Foresters member. Members must be 18 years of age or older and must have an active Foresters Plan and maintain it in good standing. Foresters member benefits are non-contractual, subject to benefit specific eligibility requirements, definitions and limitations and may be changed or cancelled without notice. Member benefits are not regulated by the Prudential Regulation Authority or the Financial Conduct Authority and may change in the future.