Standard Life SIPP review

Best Workplace Pension

Major UK pension provider with workplace and personal pensions. Part of Phoenix Group. Active Plus and ready-made portfolios for hands-off investors.

Standard Life is a long-established pension provider, now part of Phoenix Group, with a large book of workplace and personal pensions.

Its strength is scale and familiarity rather than cutting-edge platform features, and it is often the provider people already hold through an old employer.

Who it suits. Savers who want an established insurer-backed pension, and those already holding a Standard Life workplace scheme who want to keep everything in one place.

Worth knowing. Older Standard Life policies can carry very different charges and features from current products — some materially worse, some with valuable guarantees. Get the specific terms of any existing policy before deciding whether to consolidate it.

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