Personal Pensions: At a Glance
In most cases Personal Pensions are a defined contribution pension schemes where contributions made by you and/or your employer are invested in funds.
- You can have a personal pension if you're employed, self-employed or not working
- Other people, including your employer, can contribute to your pension
- You can have more than one personal pension, though there are limits for tax relief (Currently £40,000 p.a)