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A personal pension, which if you’re not familiar with pensions, is a type of private pension, meaning it’s a pension in your name and is all yours, rather than the government pension, called the State Pension.
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When investing, your capital is at risk. The value of your investments can go down as well as up, so you may get back less than you put in. Tax treatment depends on your individual circumstances, and could change in the future. You should seek financial advice if you are unsure about investing.
You are covered by the Financial Services Compensation Scheme (FSCS) up to £85,000 (subject to eligibility).
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