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Pension decision maker

Find out what type of pension may suit you best

You answered:

  • Yes, I am in paid work
  • No, I am not self-employed
  • Yes, there is an Occupational Pension scheme I can join

Result

Your employer's Occupational Pension scheme may suit your needs.

An Occupational Pension scheme is a pension scheme which is set up by your employer. It can be either a Defined Benefit pension scheme or Defined Contribution pension scheme.

With Defined Benefit schemes the amount of pension you receive is related to the length of your employment, and your salary.

With Defined Contribution schemes the pension fund is built up from your and your employer's contributions.

You can read more about Occupational Pension schemes in our Corporate Pensions section. You should speak to your employer for further information on what they offer.

You may also be eligible for a state pension.

For more information on State Pensions and to get a pension forecast, visit The Pension Service web siteopens  a new window.

If you would like to speak to someone about your pension options, feel free to contact us or speak to a Financial Adviser.

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As part of the Lloyds TSB Group, Scottish Widows is proud to be an Official Provider of the London 2012 Olympic and Paralympic Games