Workplace pension

Article written by Matt Coppin, Wealth Management Adviser. There are situations in which the UK’s complex tax system leaves employees paying very different percentages of the tax burden. We have […]

It is important that people are aware of the type of workplace pension pot they’re saving in because a defined contribution pension scheme is different to a defined benefit one. A defined

Having a retirement plan in place before the time comes is wise for your peace of mind. To do that, you need to know exactly what you’re entitled to in

A defined contribution pension is a type of private pension used in a workplace pension or a personal one. Private pensions can be defined benefit or defined contribution pension plans.

Employers pay into your pension the set minimum contributions required by law, or more if they wish so. This requirement is set by the Government for any workplace pension. Your

Under the Pension Act 2008, employers are required to auto-enrol their employees to a workplace pension scheme. The measures in the Act aim to encourage employees to save into a

By obtaining tax relief, Getting tax relief means that you will get income tax back on your pension contributions. When you receive tax relief on your pension, some of the money

Yes! You contribute both to the State Pension – if your earnings are above the NI threshold – and your workplace pension, if you’re enrolled in one. They are two