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Standard Life: Pensions reviews

Name: Pensions
Rating: 2.21 (56 reviews)

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2.21

Based on 56 reviews, last reviewed 12th Apr 2024

200% increase in 5 star reviews

in the past 90 days

100% increase in 1 star reviews

in the past 90 days

16%

13%

57%

Latest highest rating:

5

Managing pensions on the Standard Life Portal Standard Life's incredibly user-friendly, transparent website and personable customer service operators have really helped to demystify pensions for m... Read more Reviewed on: 12th April 2024

Latest lowest rating:

1

Poor pension system landed me with a £32,000 tax bill Tried to make a £300 withdrawal from my pension pot of £73,000. Selected the pot to suture from and Entered the £300 into the amount of withdrawal. Th... Read more Reviewed on: 26th March 2024

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About the Pensions

Standard Life pension reviews written by Smart Money People like you. For many of us, our pension is an important part of our financial future. Finding a pension provider that you can trust and rely on is a must for many people. Take a look at our Standard Life pension reviews to find out what life at Standard Life is really like. If you hold this pension, we'd love you to write an honest review here too!

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Standard Life Pensions reviews (56)

Managing pensions on the Standard Life Portal

Standard Life's incredibly user-friendly, transparent website and personable customer service operators have really helped to demystify pensions for me at every step; from checking in with me every year on the ethical standards applied to my investments, to making it incredibly simple to transfer older pensions that were left languishing. They also make the process of changing where my pension is invested under their umbrella very straightforward so I might optimise it when the time comes to drawdown. Whereas before I felt confused by my pension and tempted to 'leave it for another day', I now feel I have much better understanding and can make more informed decisions about it. Reviewed on: 12th April 2024

Great customer service and no hidden transaction cha...

Great customer service and no hidden transaction charges Reviewed on: 12th April 2024

Customer service pretty good

Customer service pretty good and the app is really easy to use Reviewed on: 2nd April 2024

Poor pension system landed me with a £32,000 tax bill

Tried to make a £300 withdrawal from my pension pot of £73,000. Selected the pot to suture from and Entered the £300 into the amount of withdrawal. Then clicked confirm. It then stated I had withdrawn my entire pension of £73k without any warning or double confirmation. This was on Saturday and they were closed until 9am Monday. Rang at 9am monday and told the payment had been processed and sent be reversed. Received £41k this morning so £32k tax deducted! This has put me in serious future financial difficulty The advisor on the phone admitted other people had the same problem You have been warned. Reviewed on: 26th March 2024

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