Getting the best pension
An increasing number of pension schemes allow you to shop around for the best pension available in your circumstances.
Some pension schemes offer generous provisions for families and financial dependents and an increasing income in the future. This may not be important to you if you have no dependents or are in poor health, but you should try to get the best pension you can. In some cases your pension scheme provider can be approached on an individual basis.
All personal pensions and ‘defined contribution’ pension arrangements offer an Open Market Option, which is a valuable opportunity for you to search for the best pension scheme available in the market. Don’t settle for less than you deserve by taking the first offer made. Check to see if it’s good value for money.
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