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Scottish Widows: life cover, pensions and investments. Preparation is everything

Beginners Guide to Pensions and Retirement
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Beginners’ Guides

Beginners’ guide to pensions and retirement

From your Employer:

Many employers provide an occupational pension scheme for their staff. An occupational pension simply means it’s linked to your occupation and work, rather than an individual stand-alone plan you choose for yourself.

 

Work linked pensions can be a good option as most employers will also make a contribution to your pension fund.

Occupational Schemes can be split into three types:

  • Final Salary
  • Money Purchase
  • Stakeholder Pensions

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