Bring your pensions together. Get up to £500.
Move your old pensions to us and we will send you a gift voucher for between £50 and £500.
Existing customers only, apply by 30 October 2026. T&Cs apply.
Currently, with this product, you can only access your pension as a lump sum from age 55 (57 from 2028).
Alternatively, you can work with an adviser at Octopus Money to access and manage drawdown (a paid ongoing advice service offered by our parent company).
If you want to set-up drawdown yourself, you will need to transfer to another provider.
Why choose us?
Behind our Octopus we’re refreshingly human. We’re real people, ready to give you the support and confidence you need to make your own financial and investing decisions.
Our Self-Drive pension gives you hands-on control of your pension. You get to choose your investments and steer your own route to retirement.
Start from £25 a month
Or move your pension to us.
- Straightforward
No jargon, no waffle, just no nonsense investments and pensions.
- Effortless
A super-simple Online Service that makes managing them easy.
- Smart solutions
Ready made funds that invest worldwide to help reduce risk and increase growth opportunities.
- Responsible choice
Fund options that consider people and the planet, as well as performance.
And, if you need expert financial advice, our fellow humans at Octopus Money can help (additional charges may apply).
Four approaches to choose from
It’s easy to decide which investment approach is right for you. Our handy Investment Mix and straightforward descriptions will help you choose.
Learn about our investment mix
Higher potential returns and risk
Lower potential returns and risk
The investment mix shows you how much of your money typically goes into the higher risk investments with higher potential returns, and how much goes into the lower risk investments with lower potential returns.
For more info, check out our guide investing money and the risks.
Careful Defensive approach
When stability is more important than growth, this lower risk and slower growth approach is designed to keep things steady.
Cautious Growth approach
A lower-risk way to invest long term. Fewer ups and downs, but lower potential returns.
Balanced Growth approach
The potential to grow your money with a few more ups and downs along the way.
Adventurous Growth approach
Investment confident? This one’s got more ups and downs for higher potential returns.
Remember, the value of investments can go up and down, so you may get back less money than you put in. Tax depends on your individual circumstances and the regulations may change in the future.
Want to combine your pensions?
It’s easy to transfer one or more.
Learn more about pensions
Find out everything you need to know about pensions with handy tips, guides and videos from our pensions experts.
Our charges
Our charges are 0.75% in total each year, based on the value of your pension pot. This is made up of two clear and simple charges.
- An Account Charge of 0.30% for managing your account
- A Management Charge of no more than 0.45% to manage your investments
Want someone else to drive?
Switch to our steered-for-you Navigator pension. It’s like sat nav for your retirement journey.
Apply for Self-Drive pension
If you know enough about Self-drive and just want to get going, select an option
Good to Know
Our Terms
Everything you need to know. Includes the Key Features of our Pension and how we use your personal information.
Protecting your money
Sleep easy with protection on deposits up to £85,000. Provided through the Financial Services Compensation Scheme (FSCS).
Fund Value Assessment
A report showing whether our funds are providing good value and our plans if there are things we think we can improve.
Online Service and app
Stay in control with our Online Service and app, making it easy to keep track of your investments wherever you are.