Stakeholder Pensions

updated: February 5, 2012

To obtain a copy of our Guide: Stakeholder Pensions please click here.

Stakeholder pensions were introduced by the Government with effect from 6 April 2001. However, stakeholder is a private pension scheme and not a State pension scheme.

For the first time, there is no requirement to have income from employment or self-employment to justify contributions to, what is effectively, a personal pension plan.

Stakeholder pensions were designed to offer good value private pension provision to those on low to average incomes. They were particularly designed for people without access to employer sponsored pension arrangements. However, their low cost and transparent design has gained a much wider appeal across all income ranges.

To be classed as a stakeholder pension the arrangement must meet minimum standards and be registered with the Pensions Regulator.

To obtain further information please click here for our pdf Guide to Stakeholder Pensions.