Final Salary, Stake Holder, Defined Benefit, Defined Contribution…With the UK making such frequent changes to the UK Pension legislation, It’s important that you at least understand what your benefits are doing for you.
Questions to ask yourself:
1) Do you want to pass on your pension pot to family members?
2) Does it make sense to leave it un-managed?
3) Would you prefer to control your income rather than be told what to do?
Arm yourself with the knowledge to make educated decisions.