Once again a Stakeholder Pension may be taken out by any UK resident below the age of 75 and are available to purchase from various outlets.
A Stakeholder Pension usually operates on a Defined Contribution basis and the income you acquire from a Stakeholder Pension will be based upon your contributions as well as a number of other factors
It is worth noting that from April 2012 employers will be required by law to make contributions to Stake Holder Pensions.
One of our advisers will be able to discuss a Stakeholder Pension with you and give you Pension advice to ensure you get the best return from your contributions.
The value of investments and the income from them can go down as well as up and you may not get back the amount originally invested