Many employees prefer to set up personal, "portable" pensions of their own. Those who are self-employed also do so, of course.

In this case, as with defined contribution schemes, contributions are set aside in the pension plan

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Personal Pensions

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Frankwell Financial
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Frankwell Financial Ltd | The Cruck House | 92 Frankwell | Shrewsbury | Shropshire | England | SY3 8JS | TEL: 01743 236094
Registered in England at the above address, Registration No:4139489

Frankwell Financial Ltd is An Appointed Representative of Sesame Ltd.,
which is authorised and regulated by the Financial Services Authority
Sesame Ltd is entered on the FSA register (www.fsa.gov.uk/register/) under reference 150427
The FSA do not regulate National Savings products, personal and commercial loans, wills/will writing, utilities, book sales or some forms of mortgage, tax planning, inheritance tax planning, offshore funds.

The advice and / or guidance contained within this site is subject to the UK regulatory regime
and is therefore targeted at consumers based in the UK.