| Commentary

33.4 Personal pension plans

| Commentary

33.4 Personal pension plans

Where the employer does not provide any form of occupational pension scheme, a director or employee may still take out a personal pension plan (PPP)1. This may seem much less advantageous than an occupational pension scheme where the director or employee is benefiting not just from his own contributions but from those of the employer. An employer which is not prepared to set up a full-blown occupational pension scheme of its own may, however, be prepared to make contributions into a PPP in order to encourage directors or employees to make their own pension arrangements.

If the

To continue reading
View the latest version of this document, as well as thousands of others like it, sign in to LexisLibrary or register for a free trial