MyCompanyPension.co.uk - Helping members of occupational pension schemes to better understand their benefits.

12th December 2017
:: Scheme Member | Types of Pension Scheme

 
 
 
 
Types of Pension Scheme
 
What's it about?
We look at the different types of employer sponsored pension scheme. Many employers are changing pension schemes in the face of swathes of legislation and high running costs. Make sure you know what your scheme is.
 
What is a pension scheme?  
What is a pension scheme?  
 
Getting to know the basics is the best way to start
Types of employer sponsored pension schemes 
Types of employer sponsored pension schemes
An overview of each type of scheme available
more…
       
 What is a defined benefit scheme?
What is a defined benefit scheme?
One of the traditional and most popular employment based schemes
What is a money purchase scheme?  
What is a money purchase scheme?  
Now more common with employers for pensions for their employees
       
What is a hybrid scheme?
What is a hybrid scheme?
Explaining how a mixed basis scheme can work
 What is a final salary scheme?
What is a final salary scheme?
Final salary is just one type of defined benefit scheme
       
 What is a career average revalued earnings scheme?
What is career average revalued earnings?
Another type of defined benefit scheme – read the important differences
What is a cash balance scheme?  
What is a cash balance scheme?
A money purchase type of arrangement but with important differences
       
What is an underpin?  
What is an underpin?
 
Takes a look at how one type of scheme supports another
What is a defined benefit scheme with a money purchase underpin?  
What is a money purchase underpin?
Defined benefit but with a twist. Can you have the best of both?
       
What is a money purchase scheme with a defined benefit underpin?
What is a defined benefit underpin?
See how it works the other way round
   
       
 
    031 v1.3
© MyCompanyPension.co.uk Ltd – 2017