Retire your way

Smart Retire is a tool you can use to plan your retirement income in advance, and manage it once you get there.
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You can:

get a regular income for some or all of your retirement
put money aside to access when you need
take 25% as tax-free cash when you join
use our investment strategies to help your money grow
adapt the plan as much as you want as your needs change
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A smartphone showing the Smart Retire dashboard

Numbers are for illustrative purposes only

How it works

You divide your savings into up to four pots which combine a regular income throughout retirement, while having money aside if you need it.
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Your money is invested while you wait to use it. All investments are overseen by our board of trustees, while the Smart Retire dashboard shows you what’s going on with your money and lets you move money between the pots whenever you like.
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Find out how Smart Retire works

Eligibility

To join Smart Retire you need to:
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be a member of Smart Pension
be at least 55 years old
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Smart Retire might not be for you if you:
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want to choose your own investment funds
use a Shariah fund
use a specialised environmental, social and governance (ESG) investment fund
can take more than 25% of your pension as a tax-free lump sum
are in serious ill health

How we invest your money

We invest your money in funds managed by Mobius Life.

Each fund is designed to meet a specific investment goal – whether that’s keeping up with inflation or growing your money so you have something in retirement.

Help when you need it

You can talk to friendly, helpful people when you need to by giving us a call or sending us a message.

You can also use the Smart Retire member booklet.

If you'd like impartial guidance to help you decide what retirement income options are right for you, you can also use the government's Pension Wise service.