What types of retirement plans do you offer?

Standard Life Investments offers a variety of retirement plans designed to cater to different needs and preferences of individuals looking to save for their future. One of the primary options is the personal pension, which allows individuals to build their retirement savings in a tax-efficient way. This plan can be flexible, enabling people to make contributions based on their financial situation and goals. Additionally, Standard Life Investments provides workplace pensions for employees through their employers, which can enhance retirement savings through collective contributions made by both the employer and the employee. Another option offered is the self-invested personal pension, commonly referred to as a SIPP. This provides individuals with greater control over their investment choices, allowing them to select from a wider range of investment assets, such as stocks, bonds, and funds. This can be particularly appealing for those who wish to have a more hands-on approach to managing their retirement savings. For those concerned about ensuring their income in retirement, Standard Life Investments may also have options designed to provide a regular income stream during the retirement years. This might include annuities or drawdown products that allow individuals to take flexible withdrawals from their pension funds. To explore the most suitable plan, individuals are encouraged to visit the current Standard Life website, where they can find detailed information on the various retirement options available. The website may also provide guidance on how to get in touch for personalized assistance if needed.