Our mission is to help those who work for themselves plan and save for a well-deserved retirement.
Put simply, a pension is a long-term savings plan designed to financially prepare you for when you stop working. During your working life, you save into a pension to build up a pot of cash for when you retire.
There are great tax benefits of investing in a pension such as the government tax top-up of at least 25% every time you contribute from your net income. Therefore, if you pay £80 into your pension, you’ll get at least an additional £20 from the government (subject to your annual allowance). Or if you pay in through a limited company you could save corporation tax.
Unfortunately, the self-employed were left behind in pension savings by auto-enrolment and miss out on building their retirement pot efficiently and taking advantage of generous government tax reliefs. Yet existing pension solutions do not cater to flexible working and earning patterns of the self-employed.
Raindrop was built to ensure the self-employed have a pension product catering to their working and personal lifestyle. We are a truly flexible pension solution specifically for the self-employed, providing access to BlackRock managed funds.
- Fully digital
Under 10 minutes to set up and you can easily keep track of and manage your pension, online or on your phone.
Contribute as much as you want when you want. You can change, pause and start contributions as your income varies and pay through a personal or limited company account.
- +25% Tax top-up
HMRC top-up, every £80 you invest you receive an extra £20. (Dependant on your individual tax situation and annual allowance.)
- Limited company
You can contribute directly from your limited company saving corporation tax, currently 19%.
- Find your old pensions at the click of a button
We’ll find your old pensions for you. You have the option to transfer and combine them into one pot or you can view them in your dashboard. There is no commitment to transfer.
- BlackRock managed fund & FSCS Protected
Our funds are managed by BlackRock, the largest asset manager in the world.
Exclusive member offer:
IPSE members receive a £50 top up when you open a pension with us.Join now Login