A pension gives you a retirement income, paid for by investments built up during your working life. The state pension is funded by your National Insurance contributions but only provides a basic income. You may need another pension in order to retire comfortably. See assessing your pension needs.
If you are self-employed, you will not qualify for the additional state pension (also known as the state second pension). However, you can take out a private pension such as a personal pension or a stakeholder pension.
It is important that you consider all your options before making a decision. This guide helps explain how pensions work and what you need to do to find one that suits your needs.