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Lexo Personal Pension

Lexo offers a personal pension to investors seeking to secure their retirement, the intelligent way.

The benefits of a Lexo Personal Pension

Lexo’s personal pension offers a diverse range of investment options, carefully curated to optimise returns while managing risk.

From traditional investment instruments such as stocks, bonds, and mutual funds to emerging opportunities in sectors like sustainable energy and technology, Lexo ensures that investors have access to a well-diversified portfolio tailored to their unique circumstances.

As a general rule if you are a UK resident taxpayer under the age of 75, you can contribute into a pension, the net equivalent (i.e. 80% of), your earnings (including the value of any benefits in kind) or your self employed net profits, up to a maximum of the pension annual allowance which is currently £60,000 (unless you earn over £200,0000 when it might reduce, if you think this may effect you contact ask@lexo.co.uk for more information.

If you are not earning enough to pay income tax, you can still receive tax relief on your pension contributions and if you have no earnings, you can still pension up to a maximum of £2,880 a year and have 20% tax relief added to your contribution paid by HMRC, Lexo takes care of all of this.

Because personal pension payments are considered net investments, which means pension payments are generally paid with after-tax money, Lexo automatically claims 20% of your contribution from the HMRC on your behalf. 

If you are a Higher Rate Tax payer, or Additional Rate Tax payer, further tax can be reclaimed from HMRC either by completing a self-assessment form, or by writing to HMRC, contact Lexo for more information.

Growth of the pension fund is tax-free, and starting a new pension, or switching your pension provider to Lexo is straightforward and simple, so this makes a Lexo pension an attractive investment to help secure your future retirement.

A pension may not be right for everyone and tax rules may change in the future. If you are unsure if a pension is right for you, please seek financial advice. Please note that during any transfer, your investments will be out of the market.

Are you looking to transfer your pension?

You can consolidate older personal pensions from other providers into a Lexo Pension.