A personal pension is where you make contributions into a pension fund to ensure a secure and comfortable retirement. A personal pension is also known as a private pension as you are saving for a pension that you will receive in addition to the state pension.
You can generally take out a personal pension regardless of whether you are employed or unemployed. A personal pension plan can be taken out with a number of financial institutions - banks, building societies, insurance providers and pension companies.
A stakeholder pension is a type of personal pension that is available to everyone and is subject to certain rules to ensure that it is flexible and value for money. You can also take out a children's stakeholder pension to start a personal pension plan for their future as soon as possible. A children's stakeholder pension could result in a larger pension fund than if someone started saving for example, from when they are 18 years old until they are 60!
Before you select a personal pension plan we would recommend that you seek advice from a financial adviser to help with your UK personal pension needs.
However you can carry out your own UK pensions research via the links below.
Get Expert Pension Help & Advice
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UK Pension Release
Over 50? Release cash from your pension. How it works? Free info pack.(3).gif)
Looking for Personal Pension?
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Find Pensions at Ask.com
Whatever type of pension you're looking for, find it with Ask.com. Browse a wide range of providers and find what you need in seconds..gif)
UK Pensions Advice
Pensions in the UK: your official guide.
If you are unable to find the UK personal pension information you need, please refer to our site map.