If you're in work, you're used to earning money to maintain your standard of living. Your income buys you the lifestyle you choose, and gives you a degree of freedom. A stakeholder pension plan aims to build up a sum of money, in a tax efficient way, to provide you with an income during your retirement.
Tax-efficient
Your own contributions are paid net of basic rate income tax and we collect the tax relief from the Revenue. This means that for every £100 paid into your plan you only pay £80*. If you're in a higher tax band, you claim the extra relief from the Revenue in your yearly tax return.
* This information is based on our understanding of current taxation law and Revenue practice, which may change. The value of tax relief depends on your financial circumstances.
How it works
Find out just what this simple pension plan is all about.
Further information... Who should I talk to?
Speak to your financial adviser to find out more. If you don't have an adviser, the IFA Promotion Service or the Society of Financial Advisers can help you find one.
