Financial Services

• Life Insurance
• Critical Illness
• Mortgages
• Pensions
• Pensions
• Occupational Pensions
• Stakeholder Pensions
• - Benefits
• Personal Pensions
• Investments
• Loans
• Seminars

Pensions

Stakeholder Pension Schemes

A government-backed initiative

First introduced in 2001, Stakeholder Pension Schemes were set up as flexible financial plans designed to encourage people on lower incomes to save for retirement. They are available to both self-employed and employed people - in fact many employers are legally bound to offer Stakeholder Pension Schemes, unless they can offer an alternative scheme which meets certain criteria.

Stakeholder Pension Schemes are also available to those who don't earn money, including children. This means that other people can make payments into the Stakeholder schemes on behalf of non-earning individuals.

The advantage of Stakeholder Pension Schemes is that they require only low contributions (from as little as £20 a month), they're adaptable to individual needs - and they can move with you as your employment circumstances change.