types of pension in the UK

Pensions in the UK form a fundamental part of retirement planning. This page offers a comprehensive overview of the various pension schemes available to individuals.

It aims to provide clear and straightforward information, helping users to understand their pension options.

The state pension, a key component for most retirees, is one of the primary topics covered. This section details eligibility criteria, how benefits are calculated, and the impact of National Insurance contributions.

Understanding the state pension is crucial for everyone planning for retirement.

In addition to the state pension, the page also explores workplace and private pensions. It explains how these schemes work, including auto-enrolment for workplace pensions and the flexibility of private pension plans.

Private Pensions

Defined Contribution Schemes

Defined benefit schemes

Widow’s Pensions and the Bereavement Allowance

Additional Voluntary Contributions (AVC)

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