How does a Final Salary Pension work?

From the day you retire, the Final Salary Pension scheme pays you a guaranteed income for the rest of your life. The amount you receive year on year can increase in line with inflation, and there is most likely to be a dependent pension payable on your death. This type of workplace pension is set up by your employer, so you can’t get one yourself or anywhere else if your employer doesn’t offer a Final Salary Pension.

Our specialist Final Salary Pension advice aims to help you make the most suitable decision for your financial future. Our team can assist in reviewing your entire financial life to make the best overall decision for you and your family.

With investing your capital is at risk. Investments can fluctuate in value, and you may get back less than you invest. Pension eligibility applies.

If you need more information or have any further question, and you are not already a client with True Potential, you can speak to our friendly team on 0191 625 0350 available 7am-8pm weekdays.