A group personal pension is a normal personal pension plan that will be provided by your employer.

Essentially there is no difference between a personal pension and a group personal pension (they are the same contract, but offered on an individual or group basis).

Under a group personal pension your employer will probably pay into your account, and is likely to require that you do the same. The tax relief, tax free cash and other benefits equally apply.

Personal pension plans have become increasingly popular as an alternative to the more complicated occupational pension plans.

If you would like more information about a group personal pension, please contact us.

For more information, please contact us on 0191 488 8445
or use this email link. office@hrcgroup.net