Company pensions.

What is a company pension?

A company pension is where an employer arranges a pension for their employees. They’re sometimes referred to as an occupational or workplace pension, and usually involve employers putting money into your pension pot when you do.

How do they work?

Company pensions vary between employers, and they will generally choose the pension provider for you. It makes sense to join your company pension if your employer is contributing. You should check how much you are expected to contribute and what your employer may pay in on your behalf.

Recent pension legislation requires employers to automatically enrol eligible employees into their pension scheme and contribute certain amounts. Find out more about automatic enrolment here.


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