Sep 22, 2016 · Public and private are two types of pensions available to help people to create a nest-egg for their retirement, but which one do you have? These major differences may help you discover which retirement fund is helping you plan for your future. Only certain people have access to each of these pension plans.

A private pension is a plan into which individuals privately contribute from their earnings, which then will pay them a pension after retirement. It is an alternative to the state pension. Usually, individuals invest funds into saving schemes or mutual funds, run by insurance companies.

For these individuals, and those who want to give their retirement savings a further boost, a private pension may be the right option. Here, Telegraph Money explains how these types of pensions...

Workplace pensions and personal or stakeholder pensions are a way of making sure you have money on top of your State Pension. For most workplace and personal pensions, how much you get...

Jan 14, 2025 · Here’s a digestible guide to the basics of private and public pensions that lays out what you need to know to navigate your retirement with confidence. What Are Private Pensions? Private pensions are retirement plans provided by private sector employers or set up by individuals themselves.