If ever there was a product that needed a rebrand, it's pensions! Associated as being just "something for old people", those in finance know how utterly important they are and how they are relevant for everyone. Not only that, but they can be pretty damn interesting. Pensions underwent a 'simplification' in 2006, with the aim of removing lots of legacy rules and streamlining them. But, since then, more rules have crept back in and we're kinda back where we started.
This module will give you some of the context of pensions to date (necessary to understand the current landscape), the different types of pension options, how tax works around pensions (one of the main reasons people choose to save in one) and what to think about when considering consolidating a number of pensions into one.
This module is defined by seven units. They are:
During this module, you will:
