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Our Flexible Transitions Account offers you flexibility and choice to meet your needs.

  • A tax efficient way to save with greater investment choice
  • Combine all your existing pensions under one roof
  • Contribute regular or single contributions
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Pensions help and FAQs

Society is changing. With every medical and technological breakthrough, we're living longer and more complex lives. And as the world around us changes, our aspirations are changing too.

The Flexible Transitions Account delivers ultimate versatility to help meet your changing needs and the needs of the people who matter most to you, for the rest of your life.

Providing for your future is important. The LV= Flexible Transitions Account can help provide for your retirement and make sure your transition into retirement is as smooth as possible.

Who is this plan suitable for?

If you love the idea of a SIPP (a self-invested pension plan), but you really need or want financial advice and do not want to go it alone, then this may be the answer. We've designed this plan for people who want to take advantage of a wide range of investment options, but who would prefer to do this with the help of a Financial Adviser.

This plan is not suitable for those investors who want to make investment decisions on their own, without advice. So it is likely to suit you if you want more from your pension plan than simply a range of funds offered by an insurance company, but want to be guided along the way.

Can I apply for this plan?

Yes, if you're a UK resident aged up to 85. If you wish to pay contributions, you must be under age 75. For under 16s, contributions must be paid by a third party.

How can I make contributions into my plan?

You can pay regular contributions by monthly or yearly Direct Debit. You can also pay single contributions at any time by cheque.

How will my pension funds be taxed?

Your fund will grow free of UK income and capital gains tax. The only exception is tax on dividend income from UK equities, which cannot be reclaimed.

Your tax position, the way that pension funds and contributions are taxed, or the range of benefits available from a pension plan could change in the future. This could reduce the potential growth from your investment, or mean that you need to pay more into the plan to achieve the level of pension income that you need.

Any reference we make to taxation is based on our understanding of current legislation and HM Revenue & Customs practice, which can change.

Discuss your pension options with an adviser

You can phone us about an existing LV= Pension product. Our lines are open 8.30am - 6pm Monday to Friday.

You can phone us
Call our UK-based advisers for more information


0800 756 8847
Quoting offer code IELO

TextDirect: 18001 0800 756 8847

8.30am - 6pm Monday to Friday

Existing customer?

If you're an IFA please call:

0800 169 1111

TextDirect: 18001 08001691111

We may record and/or monitor calls for training and audit purposes.

Call me back

If you would like us to call you back to find out more all we need are some basic details.

Why choose LV=

An insurance provider you can trust established in 1843.

  • Winner of the 2014 Gold Standards Award for Individual Pensions
  • UK's largest friendly society

Policy documents

  • Key features
  • Terms and conditions

Get advice

A financial adviser can help you decide where your money is invested.