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PensionsLet Us Help You Secure Your Pension Today

You're never too young to start saving for retirement with a pension plan. The younger you are when you start saving, the more financial freedom you'll have down the road. Whether you already have a pension scheme or if you're looking for a different one, the specialists at SimplyFinance will connect you with a pension provider who will search to find the best pension plan for you. More info

Personal Pension Plan Basics

  • The proceed payments of a personal pension plan are subject to tax relief.
  • Payments are made to you after retirement in a lump sum, in steady monthly payments, or in a combination of the two.
  • Directly following retirement, 25% of the pension can be taken as a tax free lump sum, but the remaining funds in the pension must be used to purchase an annuity.