Module 5 Joining an Occupational Pension Scheme
At the end of this module you will be able to:
- Understand the importance of saving for a retirement pension and the benefits of joining a pension scheme
- Describe the joining process including eligibility conditions and disclosure regulations, including automatic enrolment schemes
- Explain the options available for different types of schemes including salary sacrifice
- State the benefits that are insured and the importance of Free Cover Level
The state pension is not enough!
It is never too late to join a pension scheme and avoid an empty pension pot!
You can now explain the benefits and some of the choices a member has during their membership of a pension scheme.
