Definition of personal pension in English:

personal pension

noun

A pension scheme that is independent of the contributor's employer.
Example sentencesExamples
- Until stakeholder pensions came along, personal pensions were horrible.
- They are intended as an alternative to personal pensions for those without access to company pension schemes.
- It appears that, in any one year, only 1% of people with personal pensions switch them to a new provider.
- Estimates apply to both personal pensions and executive pensions.
- No, you can leave it by choosing to take out an occupational pension or personal pension.
- But if you want more control over your pension savings you have to set up a self-invested personal pension, which can be costly - and daunting.
- Members of personal pensions and stakeholder schemes can also normally take up to 25% of their fund tax-free.
- Currently there are no such standards in either personal pensions plans or occupational pension schemes, according to the Board.
- Transfer my schemes into a personal pension that I control.
- It is not possible to transfer money from a personal pension into an occupational pension scheme if you join one later.
- You can ask your ex-employer to transfer the value of your benefits into another company scheme or a personal pension.
- I took out a personal pension scheme in a managed fund two years ago and contributed about €8,000 to it.
- As your employer does not provide a pension scheme, you must set up a personal pension plan.
- You shouldn't be offered a personal pension if a cheaper stakeholder is better suited to your needs.
- This could, in theory, either be an occupational scheme or a personal pension or stakeholder plan.
- Contract-based schemes such as group personal pensions offer more choice, with between 20 and 70 funds.
- Many cannot afford to buy into a personal pension scheme.
- This is grim news for its 2.3 million policyholders with mortgage endowments, personal pensions and with-profits bonds.
- The self-employed can also use a personal pension to fund a pension mortgage; the tax advantages are very significant.
- I have money in an NHS pension and in a personal pension with an insurance company.
Synonyms
annuity, superannuation

单词	personal pension
释义	Definition of personal pension in English: personal pension noun A pension scheme that is independent of the contributor's employer. Example sentencesExamples Until stakeholder pensions came along, personal pensions were horrible. They are intended as an alternative to personal pensions for those without access to company pension schemes. It appears that, in any one year, only 1% of people with personal pensions switch them to a new provider. Estimates apply to both personal pensions and executive pensions. No, you can leave it by choosing to take out an occupational pension or personal pension. But if you want more control over your pension savings you have to set up a self-invested personal pension, which can be costly - and daunting. Members of personal pensions and stakeholder schemes can also normally take up to 25% of their fund tax-free. Currently there are no such standards in either personal pensions plans or occupational pension schemes, according to the Board. Transfer my schemes into a personal pension that I control. It is not possible to transfer money from a personal pension into an occupational pension scheme if you join one later. You can ask your ex-employer to transfer the value of your benefits into another company scheme or a personal pension. I took out a personal pension scheme in a managed fund two years ago and contributed about €8,000 to it. As your employer does not provide a pension scheme, you must set up a personal pension plan. You shouldn't be offered a personal pension if a cheaper stakeholder is better suited to your needs. This could, in theory, either be an occupational scheme or a personal pension or stakeholder plan. Contract-based schemes such as group personal pensions offer more choice, with between 20 and 70 funds. Many cannot afford to buy into a personal pension scheme. This is grim news for its 2.3 million policyholders with mortgage endowments, personal pensions and with-profits bonds. The self-employed can also use a personal pension to fund a pension mortgage; the tax advantages are very significant. I have money in an NHS pension and in a personal pension with an insurance company. Synonyms annuity, superannuation
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