- Home
- Joining the pension
- Get the most from your pension
- Payment options
- Investment choices
- Common questions
A simple guide to pensions
It's the next best thing to free money
When you save into a pension, you may also get extra money from your employer paid into your pension and tax benefits from HMRC.
So, if you don’t have a pension, you're missing out on extra money.
Pensions explained
The value of investments can go down as well as up and may be worth less than what was paid in. Laws and tax rules may change in the future. The information here is based on our understanding in April 2022. Your own circumstances and where you live in the UK also have an impact on tax treatment.
Benefits of company pensions
Your company pension can be a great way of saving for your future.
Why start now?
The sooner you join, the sooner your employer may start paying into your pension.
Is the state pension enough?
The state pension might not be enough to cover the basics you need in retirement, but could provide some additional income on top of your company pension.
Ways to save for retirement
Your company pension can be a great way of saving for retirement. If you’re relying on other savings - or property - take a minute to see how they compare.
Pension flexibility explained
You can have greater simplicity, choice and flexibility, making pensions an even more attractive choice for saving than ever before.
