COMPANY SCHEMES

Workplace Pension Schemes

WORKPLACE PENSION SCHEMES

The best route to saving for your retirement

Arranged by your employer, a workplace pension is a way of saving for your retirement. A percentage of your pay is allocated into the pension scheme each month and in most cases your employer also contributes and you may get tax relief from the government, too. What you will get depends on the scheme offered, but you can usually take 25 per cent of the money tax free.