The FSCS safety does apply should you lose money because of the pension or funding agency going bust. Aegon is likely one of the world’s leading providers of life insurance, pensions and asset administration.

pension benefits definitions

For institutional clients and individuals trying to plan for a healthy future for his or her staff and themselves, Pension Company of America’s (PCA) wealth management and retirement services deliver expert recommendation and flexible strategies concentrating on their financial objectives. The worth of this pot can go up or down however over the long run, pension financial savings usually grow and you may benefit from numerous tax advantages. You get the tax back you have paid on all contributions, should you’re underneath 75, topic to an annual allowance.

While 16% of your pay appear an enormous dedication, this figure consists of your employer’s contribution – so that you only have to fund the … Read the rest