Personal Pension:

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Personal Pension key features

Your client’s needs can change throughout their retirement. Our Personal Pension offers the flexibility to meet those needs. Your client’s investment will sit within our Core funds range, where they’ll access passive and active funds, our unique Smoothed Managed Funds, and ESG funds.

The key features of our Personal Pension include:
  • Low wrapper charge – starting from 0.2% on investments up to £700,000 and 0% above. A minimum charge of £195 per annum applies.
  • Access to our Smoothed Managed Funds Pension with a built-in smoothing process to help reduce the impact of sudden market turbulence.
  • Over 200 insured funds – across all key market sectors.
  • Investment management charges – from 0.07%.
  • Risk-rated funds – we’re risk-rated by multiple agencies.
  • Range of passive funds – from leading fund managers, including Vanguard, LGIM and BlackRock.
  • Access to the LV= Fixed Term Investment – guaranteed growth with flexibility of income for 3-25 years up to a maximum age of 90.

Important information

There are some important things you should know about our Personal Pension:
  • Your client must start their plan with a single premium/transfer of £30,000, or £3000 a year in regular contributions.
  • To benefit from fees as low as 0.2%, customers must be invested in our insured range of funds and our LV= Fixed Term Investment. Other investments are available, but would be subject to differing charges.
  • Investment management charges apply in addition to the annual service charge.
  • This is a product that acts as a tax wrapper to a range of investments, some of which are stock market related investments. The value will rise and fall, and your client could get back less than they paid in.

Investment options

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LV= Core funds

Our Core funds offer a straightforward and low cost option. Your client must invest in our Core funds to take our Personal Pension – they can then add further options to suit their needs.

  • Minimum investment of £30,000.
  • 200+ active and passive funds – across key market sectors.
  • Your client can invest in up to 20 funds, at any one time.
  • Your client can switch funds at any time.
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LV= Smoothed Pension

As part of our Core funds range, the LV= Smoothed Pension funds provide a smoother investment journey for your clients. 

  • Access global, multi-asset funds to suit different risk appetites.
  • Managed in partnership with BlackRock, one of the world's largest asset managers.

  • With proven performance and stability through challenging market conditions. 

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LV= Core funds

Our Core funds offer a straightforward and low cost option. Your client must invest in our Core funds to take our Personal Pension – they can then add further options to suit their needs.

  • Minimum investment of £30,000.
  • 200+ active and passive funds – across key market sectors.
  • Your client can invest in up to 20 funds, at any one time.
  • Your client can switch funds at any time.
Calendar Month and coin with £ sign

LV= Fixed Term Investment

The LV= Fixed Term Investment provides a guaranteed level of growth over 3-25 years with a maximum age of 90. Income can be selected at outset with the potential for a Guaranteed Maturity Value to be paid into the LV= SIPP bank account at the end of the term. 
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DFM, Platform & Pru

The LV= SIPP offers access to:

  • Eight DFMs with auto cash flow management, many with a negotiated cheaper cost and most with custody MPS available.
  • Access to Prufund TIP.
  • Access to the Fidelity, Aegon and Hubwise Platforms.
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LV= Fixed Term Investment

The LV= Fixed Term Investment provides a guaranteed level of growth over 3-25 years with a maximum age of 90. Income can be selected at outset with the potential for a Guaranteed Maturity Value to be paid into the LV= SIPP bank account at the end of the term. 

Fund management

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Active funds

We have a selection of actively managed options – investing in a mix of asset classes and geographical sectors. They’re risk-rated, allowing you to match your clients to the appropriate level of investment risk. Our Core funds and Smoothed Managed Funds feature active funds.
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Passive funds

We have a range of passive funds as part of our Core funds. They include pure single index trackers, blended funds (with 2+ index funds), and those with an element of fund manager intervention.
risk-rating-meter

Active funds

We have a selection of actively managed options – investing in a mix of asset classes and geographical sectors. They’re risk-rated, allowing you to match your clients to the appropriate level of investment risk. Our Core funds and Smoothed Managed Funds feature active funds.
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Guaranteed Income Drawdown

We offer flexibility when it comes to your client's retirement income. That's because we understand that nearing retirement brings a different attitude to risk. 

Recommend a bespoke solution that balances our LV= Fixed Term Investment and our Smoothed Managed Funds* in one simple account for security and flexibility.

*other funds are available.

Explore Guaranteed Income Drawdown
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LV= Doctor Services

  • GP access 24/7 –  unlimited consultations with a UK doctor by phone or video.
  • Prescription services – without the need to visit a GP.
  • Second opinion – check a diagnosis and get treatment advice.
  • Remote physiotherapy – free remote sessions, with a bespoke plan.
  • Psychological services – free remote sessions, including counselling and Cognitive Behavioural Therapy.
  • Health MOTs – 25% discount, with an overall health assessment that identifies health risks.
  • Please note, this a non-contractual benefit that can be removed at any time.

More on LV= Doctor Services

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Benefits, exclusively for members

When your client invests in our Personal Pension, they will become an LV= member. Being a member means they can get access to exclusive member benefits and additional support services.

More on member benefits

Contact Phone

Let's talk

0800 678 1890

9am - 5pm Mon-Fri

TextDirect: first dial 18001. We may record or monitor calls for training and audit purposes.