A Personal Pension is a long-term investment that aims to help you build up a pot of money that you can use for your retirement.
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Personal Pension Plans
Benefits
- Allows you to save funds towards retirement
- Investment income of the scheme is exempted from corporation tax
- Upon the death of a member of a registered scheme, the dependents qualify as a group for tax-exemption
- The schemes will be run under the RBA act which gives security of the fund and also continuous benefits which the Government may give to schemes from time to time