Active Money Personal Pension
A simple, low-cost pension plan with a range of investment options
What is the Active Money Personal Pension?
The Active Money Personal Pension (AMPP) is a low-cost, tax-efficient way to save money for retirement.
- You can choose from a wide range of insured funds or simply choose a suitable lifestyle profile on your client's chosen level of risk.
- The AMPP can be easily upgraded to our Active Money Self Invested Personal Pension (SIPP) with ease, offering access to even more investment choices.
- The AMPP also offers a flexible range of options at retirement and can provide benefits to their dependents at death.
For more target market and suitability information for this product download the statement of Target Market.
Payment limits (gross of tax)
- Minimum monthly payment - £150 Gross (£100 if processed online or the value is greater than £25,000)
- Minimum yearly payment - £1,500 Gross (£100 if processed online or the value is greater than £25,000)
- Minimum single payment - £1,000 Gross*
*There is no minimum amount for any additional single or transfer payment to an existing plan.
Fund Discounts (FDs)
Fund Discounts depend on the value of the plan and the funds invested in. Discounts are based on the monthly plan value less any cash on deposit.
Please note that FDs do not apply to all our insured funds. Whilst not all insured funds receive a discount, their value still counts towards the discount threshold. Discounts are applied monthly by adding units to the fund.
| Fund value | Discount % |
|---|---|
| £0 to £25,000 | 0.3% |
| £25,000 or more | 0.5% a year |
Active Money Personal Pension (AMPP) literature
Our literature library has useful information, forms, guides and other key documents.
Client benefits of the AMPP
Easy to understand
The AMPP offers straightforward investment options that cover a wide range of markets, asset classes and investment styles.
Wide investment choice
Choose from insured funds from Standard Life or from a range of specially-designed investment solutions.
Easy to manage
Clients can manage the AMPP online using our secure dashboard, offering regular payments, top up and more.
Flexible retirement options
The AMPP offers full flexibility when it comes to taking money at retirement, including flexible drawdown and annuities.
Fund Discounts (FDs)
Clients can benefit from Fund Discounts depending on the value of the plan and the funds invested in.
Benefits to your business
Flexible adviser charging options
Charge for your services in a way that suits you both.
Specialist support
Our dedicated support teams can provide you with a quick response to most enquiries.
Straightforward retirement planning
The AMPP is simple yet flexible, with options to add more sophisticated features later.
Quote and apply online
With our AMPP, you can create quote, apply for new business and action top ups online to save time. You can also save quotes and integrate them with our fund filter tool.
Online Client View
You can manage an AMPP online with Client View. Make additional payments, manage charging, update personal details, create quick reports and more.
Integration services
We can integrate a number of our online services and AMPP functions into your front and back office system to help streamline your business and processes.
Bulk data download
Save time by requesting a bulk download of your clients’ plan data.
Active Money Personal Pension (AMPP) investment options
The AMPP offers an extensive range of fund choices, with investment funds that cover a wide range of markets, asset classes and investment styles.
There is a range of investment solutions, which we’ve designed to help meet many needs, including:
- MyFolio fund risk-rated funds: a range of carefully constructed risk-based portfolios, managed by Aberdeen Standard Investments. They offer access to diversified, multi-asset funds across five clear risk levels – making it easier to choose an option.
- MyFolio Strategic Lifestyle Profiles: Our strategic lifestyle profiles are set up to make sure that by the time you reach retirement, your money is in the right type of investments for how you plan to take your pension savings.
More about fund choices and charges
The value of investments can go down as well as up, and your clients could get back less than was paid in. Laws and tax rules may change in the future. Your clients’ own circumstances and where they live in the UK will also have an impact on tax treatment.
Product news
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01 February 2022
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The information on this site is for qualified financial advisers and must not be relied on by anyone else. If you are not an adviser please go to our customer website for more information about our products and services.
