Pension planning for business owners

Introduction

Guide

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.

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.