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Sanlam Allianz Life Assurance

Individual Pension Plan

Personal pension · Regulated by the IRA

A pension you open yourself. The law lets you retire from 50 on one of these, earlier than a work scheme allows.

Hear when this changes

The details that matter for this kind of plan

When you can retire
From 50, against 55 or 60 in a work scheme
What is protected
Sanlam says your capital is guaranteed
Changing jobs
The plan moves with you

What if you stop paying?

What you have paid in stays invested. You can start again later.

What if you need the money early?

Pension money is held to retirement by law, but on this plan that can be from 50.

Who this suits

It could work for you if

You want to retire earlier than a work scheme would let you.

Think twice if

You want to know the charges first. They are not published.

What they tell you

  • Do they say who regulates them?
    Yes — the IRA. That is who you complain to.

Talk to them

Compared with the others

There are 16 other plans of this kind on the board. See all 17 side by side — what each one leaves you with, and which of them will not say.

Where we got this