Pensions Explained - Page 4

What's the difference between a Defined Contribution Pension and a Defined Benefit Pension?
What's the difference between a defined contribution pension and a defined benefit pension? What's the definition of a DC pension scheme vs the definition of a DB pension scheme? Read our guide to find out
Do I Pay National Insurance On My Pension Contributions?
Is National Insurance due on contributions to my pension? Do I pay National Insurance on pension contributions and is there relief available for pension contributions such as income tax relief?
Can I Set Up a Pension for My Children / Grandchildren?
Can you start a pension for your children or grandchildren as a tax-efficient way of saving for their future?
When is the Right Time to Invest a Lump Sum in a Pension?
When is the best time to invest a lump sum in my pension? Should I invest a lump sum in my pension now or wait until I'm nearer retirement?
Do I Pay National Insurance on My Pension Income?
Are there National Insurance contributions to pay on pension income? What about income tax?
What is My State Pension Age?
The state pension age is changing, potentially pushing back when you can retire. Has your state pension age changed and, if so, when will you be able to retire?
Should I Defer My State Pension?
What does it mean to defer your state pension? How do you defer your state pension and what are the advantages of deferring it? Is state pension deferral right for you?
Can I Set Up a Joint Pension?
What options do married couples have for retirement income? Are there joint pension funds available or do you have to make alternative arrangements for joint pension income?
Will I Get the Full State Pension?
The overhaul of the state pension brought in new eligibility criteria for the New State Pension. What are they and will you get the full state pension?
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