Executive Pension Plan
Your Prudential Executive Pension Plan is a tax-efficient company pension scheme designed primarily for directors, executives and key employees. It is a money purchase pension scheme.
Average life expectancy is increasing so saving in a pension - and topping it up - is a prudent way of helping to fund the lifestyle you want in retirement. Read more about the benefits of topping up your pension.
To top up, read your plan literature and call us on 0870 150 4685. We will help answer any queries if you don't have your plan literature to hand.
Features of an Executive Pension Plan
- Possible range of funds - your pension contributions may be invested in a choice of funds. The funds actually available to you may depend on the particular scheme you join. Note that the value of your fund may fluctuate and you may not get back your original investment.
- Flexibility - change your regular payments at any time, top up your plan with additional contributions, or take a payment break.
- *Tax-efficient saving - saving in a pension plan is tax efficient, and you can take a tax-free cash lump sum on retirement. Read more about the tax benefits. Note that pensions in payment are taxed as earned income.
Review your Executive Pension Plan
- If you have any queries about your executive pension plan just send us a secure online message.
- Alternatively call us on 0870 150 4685 (Monday - Friday 9am-6pm) to top up your plan or to ask a question.
- Find out more about pensions in general in our pensions guide.
*The above is based on our understanding, as at 6 April 2010, of current taxation, legislation and HM Revenue & Customs practice, all of which are liable to change without notice. The impact of taxation (and any tax relief) depends on individual circumstances.
