A company pension is a pension plan for all employees which is set up by the employer and where the employer makes payments into it on your behalf. It can be set up as a one man arrangement or for a number of employees
SmartQuotes Executive Pension plans are simply company pensions that help you build up a fund for your retirement.
Four great reasons to choose an Executive Company Pension from SmartQuotes.
With our executive pension plans, we offer a range of options depending on how you (the member) want to save for your retirement.
With our executive pension plans, we offer some of the most competitive rates on the market without having to compromise on the level of service you receive
The trustee can choose your level of contribution (subject to a minimum amount per month) and you have the option to increase or reduce it at any time. You can contribute lump sums each year instead of (or as well as) regular contributions if you prefer, and you can even take a payment holiday if you need to.
You will get income tax relief and your employer will get corporation tax relief on payments made into an Executive Plan.
Tax information is current and could change in the future.