Group Pensions
A Group Pension or Occupational Pension Scheme is a savings account designed to accept contributions from both you and your employer. These contributions then grow into a lump sum (pension fund) that will provide you with pension benefits when you retire.
All employers are legally obliged to provide employees with access to some form of pension provision. A Group Pension is an efficient way of doing this, providing excellent benefits to both employer and employee alike.
A Group Pension from Friends First offers the following key benefits:
- A Defined Contribution Pension Scheme where employer and employee agree on the amount that is put into the scheme
- Allows Additional Voluntary Contributions as well as transfers from other schemes
- Provides a Tailored Default Investment Strategy for your scheme
- Offers a Lifestyle Strategy approaching retirement
- Members have direct online access to up-to-date policy information
Your Financial Adviser can give you more information about Group Pensions from Friends First.
Warning: The value of your investment may go down as well as up.
Warning: This product may be affected by changes in currency exchange rates.
Warning: If you invest in this product you may lose some or all of the money you invest.
