How much do you really know about your pension? We recently surveyed 2,000 defined benefit pension holders in the UK and discovered many were unaware of how their pensions actually work. To help clear things up, we’re looking at 10 of the most common things people believe – to see if they’re true or false. But first of all, what exactly is a defined benefit pension? What is a defined benefit pension scheme?
A defined benefit pension scheme, sometimes known as a final salary scheme, is a fixed sum of money that is paid out from your […]
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