Do you want to register as a stakeholder scheme?

'Stakeholder pensions' are a low cost form of personal pension scheme that meets standards intended to ensure that they offer value for money, flexibility and security. Their minimum contribution level is low, they have low transfer costs and an annual administration charge of no more than 1% of fund value. Stakeholder pensions have been available since 6 April 2001 and are aimed mainly at people who are not members of 'occupational pension schemes'.

In order to be recognised as a stakeholder scheme, you must also contract out and register with the Pensions Regulator.

If you select to register as a Stakeholder Pension Scheme but do not complete all these transactions, your registration as a stakeholder pension scheme will not be accepted.

Other transactions will be considered in their own right. For example, if you want to register as a Stakeholder Pension Scheme but only carry out the transactions to register for tax relief and exemptions and elect to contract out, we will deal with your application to register for tax relief and exemptions and, providing it passes validation, we will register the scheme and send you an acknowledgement of registration. Your election to contract out will also be dealt with and providing it passes validation, you will receive a certificate in the post.