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What is a private pension in the UK?

What is a private pension in the UK?

Find clear, straightforward answers to common questions about pensions, retirement planning, investments, fees and charges, and the services we provide.

A private pension (or personal pension) is a retirement savings plan you arrange yourself. You make contributions, receive tax relief, and your provider invests the money to help it grow. It sits alongside, or instead of, a workplace pension.

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