loading lottie

Setting up a private pension with Raindrop 

With Raindrop, you can give yourself the pension plan you deserve, without the usual stress and complications of a traditional pension.

fscs protected icon
blue icon info

What is FSCS?

FSCS protects customers when authorised financial services firms fail. You could be entitled to compensation of up to £85,000. FSCS protection does not cover a change in the value of your investments, however it covers you if the operations of our partners is affected.
cross white icon
white laptop illustration
icon stats white red

Raindrop’s flexible online pension is super quick and simple to set up. With our plans managed by BlackRock®, the world’s largest asset manager, and Legal & General, the UK's largest asset manager - your pension is in safe hands.

dollar red sign

You can contribute as much or as little as you want, whenever you want. Life plans can change: amend your contributions any time, anywhere. Just hop onto your digital dashboard and take control of your financial future.

4 simple steps to a stress-free pension, in under 10 minutes

numbered steps illustration
1 circle white

Estimate your pension

By entering the following details into our pension calculator, you can estimate your pension value for when you retire. You’ve got total flexibility - so you can try out a few different scenarios, with different monthly contributions and retirement spends.

Date of birth

tick red icon

Target retirement age

tick red icon

Employment status

tick red icon

Expected monthly pension contribution

tick red icon
2 circle white

Pick a plan

As soon as you’re comfortable with your estimated pension value, you can pick an investment plan that will help you reach your retirement goals.

tick red icon

The BlackRock® funds that we offer, specifically for UK pensions, are designed to adapt and optimise as you get nearer to retirement.

tick red icon

The Legal & General fund we offer, allows you to invest in companies from developed countries that demonstrate good environmental, social and governance (ESG) efforts globally.

3 circle white

Verify your identity

We’ll then ask you 5 simple questions. This is simply so we can verify you and set up your account.

Your identity

tick red icon

Tax status

tick red icon


tick red icon

Marital status

tick red icon

National Insurance number

tick red icon
4 circle white

Open with as little as £1

Once we’ve verified your identity, all that’s left is to open your Raindrop account. You can open with just £1 to get going, but you can of course top up and change your monthly contributions at any point.

With investments, your capital is at risk.
two people smiling

We’ll never leave you high and dry

Our customer support team is rated 'Excellent' and is always on hand to help you during the setup process and once you have your new pension. There are 3 ways you can contact us:

tick red icon

Log in to our website and chat to us

tick red icon

Email us on support@myraindrop.co.uk

tick red icon

Call us on 02039517253