What is a pension scheme?
In simple terms, a pension scheme is just a type of savings plan to help you save money for later life.
There are many different types of UK Pension scheme in existence today. While the aim of each is to provide you with an income in retirement, they work in different ways. We all know that pensions can be a bit of a minefield, which is why we have provided you with key information to break it down for you.
The right pension scheme choice depends upon personal circumstance, and indeed there is a fit for everyone. However, the key when selecting the pension plan most appropriate is evaluation of both lifestyle requirements and budget.