Royal Bank Invest Pension

Are you ready to plan your future?

You must be over the age of 18 and under the age of 75 and be a UK resident for tax purposes. You cannot make contributions if you are a US citizen or US Green Card holder. You cannot access your pension benefits before the age of 55. The value of investments can fall as well as rise, and you may not get back the full amount you invest. Eligibility criteria, fees and charges apply. When transferring any existing pensions, exit fees may apply.

Why a Royal Bank Invest Pension?

Aligned to your goals

Five ready-made funds – choose the one that suits your retirement goals and investment style. Start from £50.

Expertly managed

Your money is looked after by a team of experienced investment managers at Coutts, who manage the fund, and by Embark who provide and operate your pension.

Low fees

We’ve kept fees low so you keep more of your money.

24/7 online access

You’ll always have transparency over your money. Keep track, add a lump sum, and set up or change monthly payments whenever you like – within Royal Bank Invest, accessible via the mobile app and Digital Banking.

Retirement? Sorted. It's simple and quick to set up or transfer a pension with Royal Bank Invest.

How it works

Select the amount

Choose the amount you want to put away each month towards your pension. Get instant tax relief on what you pay in – a payment of £100 into your pension turns into £125 (limits apply). If you have any existing pensions, select the pension(s) you would like to transfer.

Choose your risk level and review fund projections

Five ready-made funds to match your retirement goals and investment style. You’ll also learn how your investment could perform over time.

Transfer your existing pension(s) or pay in to your pension

You can make one-off contributions and set up monthly payments. If you have any existing pensions, you can transfer them by providing your pension reference numbers. Your existing provider might charge fees for the transfer.

How much does it cost to invest with us?

We get that figuring out investment costs can be tricky. Our goal is to make it easy for you to know what you'll pay as a customer. 

Platform fee

This covers the cost of admin and online access.

Fund ongoing charge

This charge is taken directly from the fund by the Manager. 

Transaction costs

The cost of buying and selling shares and other investments.

Here's an example

If you invest £1,000 in to our Royal Bank Invest Pension, then we estimate that it'll cost approximately £6.20 a year to invest with us. 

Your top questions answered

Two simple ways to open a Royal Bank Invest Pension

Looking to start a pension?

Opening a pension could help you plan for your retirement.

Starting a pension is a tax efficient way to prepare for retirement. Beginning this journey sooner rather than later could mean more cash for you later in life.

Start from £50 and add to it with a lump sum or regular monthly payments. It’s quick and easy to set up, you will need your national insurance number to begin.

Already have a pension?

Multiple jobs throughout your career could mean multiple pension pots.

Managing multiple pensions in one place could make it easier to plan for the future.

You could transfer your existing pension(s) to us by providing your pension reference numbers which you will be able to find on a recent statement or pension portal. You can also make lump sum or regular monthly payments.

Your existing provider might charge fees for the transfer. 

Learn more about investments

Whether you’re an experienced investor or just finding out what investing is, we’ve got a range of articles to help you understand more about investing.

We regularly update our articles depending on what’s happening in the market so check back for future updates.

Your investments are protected

The Personal Portfolio Funds available through Royal Bank Invest are based in the UK and so are covered by the UK Financial Services Compensation Scheme (FSCS), up to a maximum of £85,000 per person.

Anything else we can help you with?