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Page 9 of 10
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Article
Collective defined contribution pensions explained
A collective defined contribution (CDC) scheme pays you a regular income for life when you retire. Everyone’s money is invested together in a single fund to ...
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Article
Take your pension as a guaranteed income: annuities explained
If you have a defined contribution pension, you can usually choose how and when to take your money. One option is to convert some or all of your pension into...
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Article
Boost your pension with additional voluntary contributions (AVCs)
One way to top up your pension savings is by making additional voluntary contributions (AVCs) – either by paying more into your existing scheme or setting up...
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Article
Take your pension as multiple lump sums
If you have a defined contribution pension, you can usually choose how and when to take your money. One option is to leave the money invested and take cash lump...
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Article
Phased or partial pension drawdown explained
Pension drawdown lets you take money from your pension while leaving it invested, including the option to take a tax-free lump sum. Rather than moving all your...
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Blog post
What is the gender pensions gap and why does it exist?
The gender pensions gap is the difference between men’s and women’s average pension values. Find out why women often approach retirement with far less saved.
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Blog post
A guide to Armed Forces pensions
Find out how the Armed Forces Pension Scheme works, including how much you might get, when you can claim and what happens when you die.
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Topic
Tax and pensions
Pensions have a unique feature – your savings are normally boosted by extra money from the government, called tax relief. You can also usually take some of your...
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Article
Increase your State Pension with voluntary National Insurance contributions
You usually need 35 qualifying years of National Insurance (NI) contributions to get the full State Pension. If you do not have enough, you can pay to fill gaps...
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Article
How to start your own pension
You can usually join an employer’s pension scheme from age 16, start your own from age 18 or set one up for someone younger. There are many benefits to a pension,...