Financial Future Hub
Advice for the over 50s | Financial Future | Bank of Scotland

Your retirement:

Advice for the over 50's

Advice for the over 50s | Financial Future | Bank of Scotland

Your retirement

Whatever stage of life you’re at – nearing retirement, already retired or just starting to think about it – we can help you make the most of your pension options.

Pensions are a long-term investment. The retirement benefits you receive from your pension plan will depend on a number of factors including the value of your plan when you decide to take your benefits which isn’t guaranteed and can go down as well as up. The value of your plan could fall below the amount(s) paid in.

Preparing to retire

If you’re over 50 and considering the next step, we can help get you retirement ready with the right resources.  

Pension tips for the over 50s

Transfer your pensions

Transfer different pension pots to one place and you could save time and money in the long run.

Find out how

Money in retirement

Read up on some top tips for making the most of your money in retirement. 

Courtesy of our pension experts at Scottish Widows.

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COVID-19 support tool

A helping hand if your finances have been impacted by COVID-19. 

Get support
Advice for the over 50s | Financial Future | Bank of Scotland

Savings and investments

Savings accounts offer a low-risk and accessible way to look after your money. If you’re looking to make some of your money work harder, you might also consider investing.

Remember, the value of investments and the income from them can fall as well as rise, and you may get back less than you invest. If you’re not sure about investing, seek independent advice. Tax treatment depends on personal circumstances and may be subject to change.

About ISAs

ISAs (Individual Savings Accounts) are flexible and allow you to save or invest tax efficiently. 

Your ISA options

Ways to invest

Manage your own investments or let us do it for you. We have a range of options to suit all levels of experience. 

Investment options

6 things to consider when trading

The six 'need-to-know' essentials when investing in a volatile stock market.

 

Read more

5-step guide to investing

New to investing? Read the beginner’s guide to get you started in five simple steps.  

 

 

 

Beginners guide

Research the market

Our research centre helps you stay up-to-date with the latest market news. 

View our research centre
Advice for the over 50s | Financial Future | Bank of Scotland

Your home

If you’re considering buying a property or looking to make some improvements, we’re here to help you take the next step. We are proud to offer mortgages provided by Halifax.

You could lose your home if you don’t keep up your mortgage repayments.

How green is your home?

Our Home Energy Saving tool by Halifax could help you to reduce your carbon footprint and make more sustainable choices for your home.

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Want to pay off your mortgage sooner?

Use our handy calculator to find out how much you could save by overpaying on your mortgage. 

Overpayment Calculator

More from your mortgage

If you already have a Halifax or a Bank of Scotland mortgage, you may be able to borrow more for home improvements. 

Mortgage options
Advice for the over 50s | Financial Future | Bank of Scotland

Expert financial advice

Getting the right advice can make all the difference. That’s why we’ve partnered with Schroders Personal Wealth to give you access to their expert advisers. 

Am I eligible?

You’ll need to have at least £100,000 of sole/joint savings, investments and/or personal pensions, and/or £100,000 of sole annual income. 

Check eligibility

How much does it cost?

It all starts with a free, no-obligation consultation. You’ll only pay an agreed fee if you want to go ahead with the advice. 

What you'll pay

Pension planning

Plan for greater financial freedom in your retirement. Access expert advice to plan for your pension. 

Pension advice

Investment management

Even in a volatile market with low interest rates, find out how Schroders Personal Wealth could help you grow your wealth.

Get expert advice

Inheritance

Help to pass on your wealth to your family, or other beneficiaries, in a tax-efficient way.  

Pass on your wealth

Protect you and your family

Protection for peace of mind. Schroders Personal Wealth won’t take a commission for getting you and your family protected. 

About protection

Talk to an expert

Speak to a Schroders Personal Wealth adviser from the comfort of your own home. It’s easy to do via our online video chat or by phone. Book your free, no obligation appointment.  

Book your appointment