Pensions

Tax relief on pension contributions

Unlike a regular savings account, money invested in your pension can earn important tax breaks. And when you retire and look for access to your fund, the benefits of your pension can be available in a tax efficient way. We have a personal pension tax relief calculator so that you can see the benefits available to you.

Finding the right pension

There are a few factors to consider when choosing your pension plan, such as your employment status, whether you’re an investor or a novice and your attitude to investment risk. Whatever your personal circumstances are, we can help you choose the type of pension that works for you.

What your pension will be worth

The value of your pension at retirement depends on how much you can afford to put away each month, the length of time you are making contributions, the type of pension plan you select and the investment return. One thing we know is that the sooner you start a pension, the bigger it should grow.

Starting your pension

Starting a pension is the first step in a journey that could last for 40 years or more. A lot can happen over 40 years, and we’ll be there to help you manage your funds so you can enjoy your retirement.

How much should you put into your pension?

How much you should contribute to your pension will depend on your specific circumstances. When deciding how much to save into your pension, it’s important to think about how much you can afford, but also to take into account how long you’ve got until retirement and what kind of income you think you’ll need during your retirement, based on the lifestyle you would like to have and how long you expect to be in retirement. We can help you decide how much you can afford to save and then set the wheels in motion.