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Lloyds Final Salary Pension 0

What is a Final Salary Pension Plan?

There are many kinds of pension schemes offered by employers, one of which is a final salary pension scheme. This is a type of defined benefit pension plan. It’s normally written for individuals who...

Defined Benefit Vs Defined Contribution 0

What is a Defined Benefit Pension Plan?

A defined benefit pension plan is an arrangement where the employer pays their employee a specific benefit for life which starts at their retirement. The amount to be paid is normally declared in advance...

Stakeholder Pension 0

Choosing the Right Stakeholder Pensions

Stakeholder pensions are cheap, simple and flexible. Most prefer these schemes for their almost-guaranteed performances. The minimum contribution requirements are quite affordable, and one can alter monthly contributions or move to another scheme without...