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Monzo Pension

With a Monzo Pension you’ll be able to combine your old workplace and personal pensions into one place. Once we’ve combined them, your old pensions will be all together, in a Monzo Pension, which is a self-invested personal pension (SIPP), a type of personal pension.

Your Monzo Pension will be invested in a target date fund, using the age you aim to retire as a guide.It focuses on helping to grow your money when you’re younger and then taking care of what you’ve built when you’re nearing retirement age.

The funds are managed by BlackRock. We’ve chosen to work with them again for their expertise as one of the world’s largest fund managers.

You’ll pay 0.63% of your pension value in fees annually (that’s a 0.45% platform fee and 0.18% fund fee). Your fees accrue daily, and are charged monthly. Plus, Premium, Perks or Max customer? Then you’ll pay a lower platform fee of 0.35%.

If you want to register for updates for Monzo Pensions, you can register in the app by going to Pensions Home. We’ll then be in touch when you can get started 🚀 To help us fine-tune the product, we'll be rolling out to customers gradually over the next few months.

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Existing customers can get help via the app

Monzo Bank Limited is a company registered in England and Wales (No.09446231). Monzo Bank Limited is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Our financial Services Register number is 730427. Our address is Broadwalk House, 5 Appold St, London EC2A 2AG.