It would be nice if the pension value was also included in the āsavings and investmentsā total on the main tab, at the moment it only shows the total of cash and investments even if pension is visible.
Pension isnāt able to be spent though, so I can understand why itās not included in the total capital you hold.
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Open a Monzo Pension today - the wait is over!
Hi everyone,
Iām Buki, the Marketing Manager for Pensions and Investments 
Weāve got some exciting news to share: The waitlist for a Monzo Pension is now closed - so if youāre eligible, you can find and combine your pensions with us today!
Since we launched the product, weāve heard loads of feedback from you - everything from wanting easier ways to find old pensions, to being able to contribute regularly in the app. Weāve listened, and weāve been working hard to make it all possible.
Now, a Monzo Pension helps you:
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Find your old pensions - even ones you might have forgotten about. Just tell us where youāve worked and when, and weāll do the rest.
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Combine them in one place, so you can get a clear picture of where youāre at.
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Contribute whenever you like - regularly or as a one-off - and weāll automatically add 20% tax relief on top of whatever you contribute, boosting your savings towards the retirement you want.
The taxes you pay depend on your circumstances and rules could change in the future.
We know retirement can feel like a long way off, and the idea of sorting your pension can be overwhelming. Thatās why weāve designed Monzo Pensions to make progress feel achievable - small steps that build up to something bigger over time.
This is an exciting next step in helping Monzo customers feel more confident and in control of their financial future - all from the same app that helps you manage everything else. 
If you havenāt already, check out Monzo Pension in your app
The value of your pension could go up or down and you could get back less than you put in.
Monzo current account required. 18-70 years old only. UK residents only. Ts&Cs apply.
Weād love to hear what you think. What features or guidance would help you feel even more confident about your retirement?
Drop your ideas, thoughts, and feedback in the thread below 
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Nice implementation but by memory it performs worse than Chase (Nutmeg) did before I moved it.
Will keep it with Monzo as itās only a small amount, as everything else is there such as salary and bills.
1 Like
Iāve found the performance on my pension to be quite good - certainly much better than Pensionbee so glad I made the switch over when I did 
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Can you set roundups - including custome - to invest in the pension? I thought you could but I canāt see how.
Anyone transferred a pension from NEST to Monzo? I was going to manually transfer but Iāve received a 23 page document from NEST. Is it easier through Monzo?
Easier as in all documents being digital, sure.
Is it not automated?
You donāt generally need to sign anything other than digital signatures if thatās what you mean?
Ive done it. Was pretty easy to do through the Monzo app.
Meet our new Pension Prediction tool: Picture your future clearly, without the guesswork
Hey everyone Iām back with another update of whatās new with Pensions at Monzo.
Weāre excited to share that, this week, weāre rolling out a brand new Pension Prediction tool for existing Monzo Pension customers to help test ā with a wider rollout to all Monzo customers coming soon.
This is a big step towards something weāve been working on for a while: helping you not just save for retirement, but actually understand what youāre on track for.
Whatās new?
The new tool gives you a clearer picture of your future by showing:
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Your projected pension pot at retirement
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An estimate of your yearly income in retirement
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How long your pension could last based on your plans
You can also:
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Add details of other pensions you hold (so you get a more complete view)
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Adjust things like your retirement age or contributions
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Explore different scenarios in a simple, interactive way
Why we built this
We know pensions can feel complicated (and easy to ignore). Our goal is to make things simpler and more intuitive ā so you can check in, make sense of where you stand, and make informed decisions ā whether that means contributing more, or bringing your pensions together.
A quick note
All projections are estimates based on assumptions and the information you provide ā theyāre designed to give you a helpful sense-check, not a guaranteed outcome.
Weād love your feedback
This Community are well known for giving full and detailed reviews of whatās new at Monzo so, if you get access to the tool, weād really like to hear what you think:
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Was anything confusing?
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What worked well (or didnāt)?
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What would you like to see next?
Your feedback will help shape where we take this next 
If you havenāt already, check out Monzo Pension in your app
The value of your pension could go up or down and you could get back less than you put in.
Monzo current account required. 18-70 years old only. UK residents only. Ts&Cs apply.
12 Likes
Do I need to have an active Monzo pension in order to see other pensions or can I see other pensions without an active Monzo pension?
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Sounds like you need a Monzo pension for now until the wider rollout
I really wish the investment/pension platform feeās were more competitive (or even better, 0% like Revolut, T212 etc).
Itās features like this that make Monzo stand out compared to others and Iād much prefer to have all my finances in one app.
Look forward to testing this once it rolls out more widely though!
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Yes thatās right! Weāre starting with existing pension customers first with all customers to follow soon
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Can you have a Monzo pension without also transferring in an old pension or is that a requirement?
Thanks for the feedback - totally hear you on fees being a big factor when choosing a platform.
Weāve been working to make our fees more competitive, and recently reduced our annual platform fee to 0.25% (or 0.20% if youāre on Monzo Plus, Premium, Perks or Max). On top of that, if your combined investments and pension grow beyond Ā£100,000, you wonāt pay any platform fees on anything above that amount.
We know thereās still strong competition out there (especially from providers offering headline 0% fees), so this is something weāre continuing to keep under review as we build out the product.
Really appreciate you taking the time to share this - and glad to hear youāre keen to try out the pension prediction tool as it rolls out more widely
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Unfortunately even if you ignore the free providers and with the limit of Ā£250/200 itās still cheaper to hold Ā£100,000 with AJ Bell, HL, Vanguard, Lloyds, Scottish Widows, Fidelity or ii to name a few
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Yes you can have a Monzo Pension without needing to transfer in an old pension.
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