WORKPLACE RETIREMENT SERVICE
An effective way to support your pension scheme members at retirement
Important information: HL Workplace is a service for employers and consultants, not individual investors. The information on our website is not personal advice. Please remember that tax rules can change, and benefits will depend on individual circumstances.
Retirement on their terms
The choices people make at retirement will have a significant impact on them and their families. Our Workplace Retirement Service makes sure your pension scheme members have everything they need to make the right decisions. Meaning they'll have the best chance to retire with confidence.
Our Retirement Service is available as a bolt-on to an existing master trust offering or to our Workplace Pension.
We make retirement as flexible, easy and stress-free as possible - just as it should be.
Why choose HL’s Retirement Service?
Talk through the options
HL's Retirement Specialists are available by phone or email at a time that's convenient to the member.
A retirement that's personal to them
Members can access their main retirement options, covering both flexible and secure options.
Get live quotes now
We shop around for members to find the best rates from all the UK annuity providers.
Retirement options
Standard and enhanced rate annuities
Our online annuity engine searches the whole of open market for the best live rates available. Members have instant access to these personalised quotes at no cost and can also choose to withdraw up to 25% tax free.
Drawdown
A more flexible but higher-risk alternative to annuities. Drawdown lets members take income from their pension flexibly, usually allowing them to withdraw up to 25% tax free while keeping the rest invested.
Lump sums (UFPLS)
Those who don't need their full tax-free cash yet, or a regular income from their pension, can take lump sums from their pension as they want, up to 25% of which tax free.
Mix and match
Members can benefit from a secure annuity to cover essential costs while leaving the rest in drawdown to enjoy the flexibility it provides.
Explore our Retirement guide
Learn more about the HL Workplace Retirement Service and find out how to help your pension scheme members make the right decisions at the right time.
More from HL Workplace
- Workplace Pension
The foundation of good retirement planning starts here
- Workplace Savings
Help employees make more of their money through payroll investing
- Financial Wellbeing
Empowering employees to make confident financial decisions
- Flexible Benefits
Reward your employees with benefits they’ll truly value
Keep in touch
- Sign up to our mailing list to stay informed of the latest developments in the workplace pensions and financial wellbeing industry to help you support your workforce.
- Follow HL Workplace on LinkedIn for the latest news, opinion and research.
- Watch our Retirement Video Playlist to find out how we help members retire with confidence.
This website is issued by Hargreaves Lansdown Asset Management Limited (company number 1896481), which is authorised and regulated by the Financial Conduct Authority with firm reference 115248.
The Active Savings service is provided by Hargreaves Lansdown Savings Limited (company number 8355960), which is authorised and regulated by the Financial Conduct Authority with firm reference 915119. Hargreaves Lansdown Savings Limited is authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011 with firm reference 901007 for the issuing of electronic money.