Retirement Strategies & Pensions

A pension is a general term people use to describe an arrangement that someone has made for future income, usually for when they are no longer earning a regular income from employment or their business.

Pensions are a cost effective way to save for retirement as you will usually obtain some level of tax relief on the money you pay in. Saving for retirement is crucial particularly as people are now living longer, healthier and more active lives. The earlier you start to make suitable pension arrangements the better as even delaying this a year or two can make a big difference.

As well as the basic pension provided by the state which provide a start, there are many forms of private pension that can be entered into. These split into two categories, occupational pensions (sometimes called workplace or company pensions) and personal pensions.

Pensions can be confusing both when starting out, when you are nearing retirement and once you are retired, which is why it is always a good idea to seek specialist advice.

For your ease we have listed below related articles on this topic.  Where applicable there is also a list of useful links on the left hand side.

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