A pension is a regular payment made to you after you finish work for good because of your age – when you retire.
the Pensions Advisory Service – what is a pension scheme?
Why should I save for a pension?
You will need a pension to pay for everyday things like food, rent, and gas or electricity when you have retired. Many people are not saving enough for retirement. Watch a video about planning for retirement and get advice from financial expert, Paul Lewis.
Different types of pensions
There are three main types of pension. Saving for a pension is different depending on if you are employed or self-employed. Choose the types of pension you want to find out about, below.
If you are having problems with a private or company pension choose Problems at work below.