Pension Basics

Why do I need to set up a direct debit for my pension?

If you’re opening a pension as your first Moneybox account, you will need to link your profile with a UK current account held in your name by setting up a direct debit. This will enable you to make contributions into your pension and help us verify your identity.

We will only ever collect funds via direct debit if you ask us to.

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It's important you know

All investing should be regarded as longer term. The value of your investments can go up and down, and you may get back less than you invest.

Risk Warning
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