Personal Pension
Personal Pension
If you are thinking of taking out a personal pension plan but haven't yet got around to it, you are are not alone...
Many people manage to put off looking into their pension options for quite sometime, and the longer your pension planning is deferred the more you will have to invest later in life to make up the shortfall.
A Personal Pension Plan (otherwise known as PPP) is a way of saving for your retirement which is not dependent on your earnings but is instead usually linked to stocks and shares. They are available to any UK resident. You will contribute a set amount of money which is then invested, building up a fund. You can then draw from this fund when you are over the age of 50.
The amount you can expect from your personal pension fund on retirement will depend on a number of factors including the amount you pay in & the performance of the investment funds.
They are suitable for people who are self-employed or who do not have access to a work pension scheme
As the government is currently trying to help people save for their retirement, you can receive tax relief on the contributions you make into your PPP.
We work with Eden Personal Financial Planning who are a national firm of pension and annuity specialists who can offer:
Alternatively click on pension advertising links below: