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All employers must offer a workplace pension scheme by law. You, your employer and the government pay into your pension.
Collective Defined Contribution pension schemes, or CDCs for short, will offer an alternative to the UKs two primary pension scheme models, Defined Contribution (DC) and Defined Benefit (DB). CDCs have the potential to provide improved retirement returns for savers, with more predictable costs for employers.
A Pension Scheme Tax Reference (PSTR) is the unique reference given to a scheme by HMRC when a scheme has been registered for tax relief and exemptions. It has 10 characters made up of 8 numbers followed by 2 letters. A schemes PSTR is the one that evidences its status as a registered pension scheme. Scheme status and HMRC reference - The Pensions Regulator thepensionsregulator.gov.uk members thepensionsregulator.gov.uk members
A SIPP is a registered pension scheme meaning that it is registered with HMRC and your investments can grow free from capital gains tax and UK income tax.
These are registered pension schemes and are generally set up for directors/owners of companies. They allow a small group of trustees appointed by your company to choose how to invest the funds. The scheme administrator, together with the trustees, is responsible for ensuring that the scheme remains within HMRC rules. Registered pension schemes for directors and owners - NIBusinessInfo nibusinessinfo.co.uk content registered-p nibusinessinfo.co.uk content registered-p
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A pension is a tax-efficient way of saving money for your retirement. There are different types of pension. One of the most common is a workplace pension, where both you and your employer save (or contribute) into a pension. You may also have a personal or private pension that youve set up for yourself.

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