Terms of Service
Terms and conditions for using our retirement calculator
Last updated: 1 April 2026
Agreement to Terms
By accessing and using Spend My Pension (spendmypension.co.uk), you accept and agree to be bound by the terms and provision of this agreement. If you do not agree to abide by these terms, please do not use this service.
Service Description
Spend My Pension provides a free, web-based retirement planning calculator that helps UK residents model their pension drawdown and retirement income scenarios. Our service includes:
- Retirement income projection calculations
- Pension drawdown modeling tools
- Investment portfolio analysis
- Educational content about UK retirement planning
- Data export functionality
Important Disclaimers
Not Financial Advice
This tool is for informational and educational purposes only. It is not intended to provide financial, investment, tax, legal, or retirement advice. The calculations and projections provided are estimates based on the information you provide and should not be considered as professional advice.
- Always consult with qualified financial advisors for personal advice
- Investment returns are not guaranteed and may vary significantly
- Past performance does not predict future results
- Tax rules and pension regulations may change
Calculation Accuracy
While we strive to provide accurate calculations, we cannot guarantee:
- The accuracy of all mathematical computations
- That results reflect real-world market conditions
- That projections will match actual future outcomes
- Compliance with all current UK tax and pension rules
User Responsibilities
Acceptable Use
You agree to use our service only for lawful purposes and in accordance with these terms. You agree not to:
- Use the service for any fraudulent or illegal purpose
- Attempt to interfere with or disrupt the service
- Try to gain unauthorized access to our systems
- Copy, reproduce, or redistribute our content without permission
- Use the service to provide advice to others for commercial purposes
Data Accuracy
You are responsible for ensuring that any financial information you enter is accurate and up-to-date. The quality of our calculations depends on the accuracy of your input data.
Intellectual Property
The content, design, graphics, calculations, and software of this website are owned by Spend My Pension and are protected by intellectual property laws. This includes:
- Calculation algorithms and methodologies
- Website design and user interface
- Educational content and articles
- Logos, trademarks, and branding
You may use our service for personal, non-commercial purposes only. Any other use requires our express written permission.
Limitation of Liability
Important Legal Notice
To the fullest extent permitted by law, Spend My Pension shall not be liable for any direct, indirect, incidental, special, consequential, or punitive damages resulting from your use of this service.
This includes, but is not limited to, damages arising from:
- Financial decisions made based on our calculations
- Errors or inaccuracies in projections or calculations
- Service interruptions or technical issues
- Loss of data or inability to access the service
- Investment losses or retirement planning shortfalls
Your use of this service is at your own risk. We provide the service "as is" without warranties of any kind, either express or implied.
Data and Privacy
Your privacy is important to us. Our collection and use of your information is governed by our Privacy Policy, which is incorporated into these terms by reference.
Key Privacy Points:
- Your financial calculations remain in your browser
- We do not store your personal financial data on our servers
- Anonymized usage data helps us improve the service
- You can delete your local data at any time
Service Availability
We strive to maintain high service availability, but we cannot guarantee uninterrupted access. We reserve the right to:
- Modify or discontinue the service at any time
- Perform maintenance that may temporarily affect availability
- Update calculations and methodologies as needed
- Change these terms of service with notice
Governing Law
These terms shall be governed by and construed in accordance with the laws of England and Wales. Any disputes arising from these terms or your use of the service shall be subject to the exclusive jurisdiction of the courts of England and Wales.
Contact Information
If you have questions about these terms of service, please contact us:
Email: [email protected]
Website: https://spendmypension.co.uk
Subject Line: Terms of Service Inquiry
Your Agreement
By using Spend My Pension, you acknowledge that you have read, understood, and agree to be bound by these terms of service and our privacy policy. If you do not agree with these terms, please discontinue use of our service immediately.