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A pension is the easiest and most tax-efficient way of saving for your retirement. However, in the midst of the current financial meltdown, it's vital that you get the very best advice, so that you choose a pension that can give the highest returns possible.

 

Types of Pensions available:

Personal Pensions

When you retire, the government pension will not be enough to survive on. A personal pension is ideal if you are not already in a company pension scheme, or if you are self-employed.

When you pay money into your pension plan, you can also receive significant TAX RELIEF benefits which means that your pension can be amazingly cost effective.

 

 

Company Pensions

If you are self-employed you can avail of very significant advantages by starting a company pension. You can also reduce your company tax liability by making lump sum contributions into your company pension.

Start your pension EARLY! A pension fund grows over time, so the sooner you start the more time your money has to grow.

 

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