Plain-English Pension Guides
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Everything you need to understand pensions — from the basics to advanced tax planning — explained simply and clearly.
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What Is a Pension?
A pension is a retirement savings plan that provides a regular income once you stop working. Understanding how pensions work is the first step to securing your financial future.
Workplace Pensions
Most employees in the UK are automatically enrolled into a workplace pension. Your employer must contribute too — meaning free money towards your retirement.
The State Pension
The UK State Pension is a regular payment from the government when you reach State Pension age. How much you get depends on your National Insurance record.
Personal & Self-Invested Pensions (SIPPs)
Personal pensions and SIPPs give you full control over where your retirement savings are invested, making them popular with the self-employed and savvy savers.
Pension Planning Tips
Starting early, contributing consistently, and reviewing your pension regularly are the cornerstones of a healthy retirement plan. Here are the key steps to take.
Tax Benefits of Pensions
Pensions are one of the most tax-efficient ways to save in the UK. Understanding the tax advantages can help you make the most of every pound you put away.
Not sure where to start?
Begin with our introduction to pensions and build your knowledge from there. It only takes a few minutes to get up to speed.
Start with the basics