Company pensions explained

Company pensions explained

  • Final salary pensions explained in detail
  • How defined contribution pensions work
  • Where your pension savings are invested
  • The pros and cons of transferring your pensions

What's in this guide

Defined contribution and money purchase schemes

This guide explains the details of defined contribution, or money purchase, pensions and how they work.

Defined benefit and final salary pensions

Which? explains how defined benefit, or final salary, pension schemes work, and how you're paid an income from the scheme when you retire.

Should I join my company pension scheme?

This guide looks at why joining your company pension is a good idea, and how to spot a good company pension.

Transferring your company pension

If you're considering transferring your pension scheme to a new one, read this guide to make sure you don't give up any valuable benefits.

Deferring your company pension

Which? explains the pros and cons delaying when you start taking the benefits from your company pension, and what happens if you do delay.

Auto-enrolment and NEST

Find out what auto-enrolment means for you and your company pension in Which?'s guide to the new pension rules.

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