This site is for UK investment professionals only. If you're not an investment professional, please find out more about us at vitality.co.uk.

Your clients could get a boost of up to 50% of the income they draw down each year

We all want to live longer, healthier lives, with enough money to make the most of it. But the longer we live, the harder our savings need to work. Our Retirement Booster is designed to help your clients achieve both better health and a bigger pension pot.

How it works

The Retirement Booster could boost your client’s Retirement Plan every year, on top of their returns, aiming to help their savings last longer. Once a year, we’ll look at how much income they’ve taken from their plan, how much they’ve invested in eligible Vitality funds, and their Vitality status. We’ll use this to work out how much of their drawdown income they get back as a Boost. The Retirement Booster only applies to the part of your client’s Retirement Plan that is designated to flexi-access drawdown. 

Qualifying criteria apply – please refer to our terms and conditions for more details.

When your client starts a Retirement Plan with us, they get automatic access to the Vitality Programme at no extra cost. It’s designed to help your clients take steps towards a healthier future and rewards them with real financial benefits. By holding one of our VitalityInvest plans, they’ll qualify for the Vitality Select version of the Vitality Programme.

By taking part in the Vitality Programme, your clients can earn Vitality points and improve their Vitality status to get a bigger boost to their Retirement Plan. By doing things like staying active and tracking what they do they earn Vitality points. The healthier their efforts, the more points they can earn towards improving their Vitality status - Bronze, Silver, Gold and ultimately Platinum.

To qualify, your client will need to:

• Invest in a VitalityInvest Retirement Plan with Healthy Fee Saver and Boosters
• Be in flexi-access drawdown
• Keep their pension pot invested in eligible Vitality funds.

What your client could get back

The amount your client gets back each year is a percentage of the income they draw down over the year. It also depends on how much they have invested in Vitality funds. The more they invest in them, the more they could get back.

Income your client draws within the year	Retirement Booster percentage
	Bronze status	Silver status	Gold status	Platinum status
0%-1%*	10%	20%	40%	50%
1%-2%	7.5%	15%	25%	35%
2%-3%	6%	12.5%	15%	20%
3%-4%	4%	7.5%	12.5%	15%
4%-5%	0%	5%	10%	12.5%
5%-6%	0%	2.5%	5%	7.5%
6%-7%	0%	0%	2.5%	5%
7%-8%	0%	0%	0%	2.5%
8%+	0%	0%	0%	0%

*If your client withdraws less than 1% we will calculate their Retirement Booster as though they had withdrawn 1%.

The value of investments – and the income from them – can go down as well as up, meaning your client may get back less than they invest.

This isn’t intended as a personal recommendation to invest in a particular product. Your clients’ investments should be based upon their unique circumstances, attitude to risk and investment goals, and should be regularly assessed.