The Openwork partnership MENU back to: Pensions & retiring Saving for retirement Creating financial security for later life FIND AN ADVISER Getting ready for retirement Enjoy the retirement you deserve Saving for retirement Saving for retirement is one of the most important financial commitments you can make. Even if you’re not yet sure what you’d like to do in later life, with careful planning you’ll give yourself more options. And remember, your pension contributions are topped up by the government at the highest rate of income tax that you pay – so up to 45% contribution from the government to your pension. With financial freedom you’ll be able to do what you want when you’ve retired and pass on money to your loved ones, while ensuring your plans are as tax-efficient as possible. Take control of your pension The sooner you start planning for retirement, the better. Maximise your pension contributions Types of pension The number of pensions on offer can seem overwhelming, but we’ll guide you through your options and help work out what’s best for your circumstances. Here are the main types: Types of pension Personal pension Self-invested personal pension (SIPP) State pension Workplace ('company') pension Value The value of investments and any income from them can fall as well as rise and you may not get back the original amount invested. Find an Adviser Our advisers make it easier for you to face your financial future with confidence and optimism FIND AN ADVISER Facebook Twitter LinkedIn BACK TO TOP Footer The Openwork Partnership We are The Openwork Partnership and for us, financial advice is personal. Facebook Twitter LinkedIn YOUR FINANCIAL ADVICE JOURNEY Financial advice Looking for a mortgage Saving & investing Insure & protect Pensions & retiring JOIN US Careers Become an Adviser Join our network ABOUT US Corporate social responsibility Our history Senior leadership team NEWS CONTACT US Help when things go wrong Terms & conditions Product appendices Privacy & cookies policy Email disclaimer Modern Slavery Statement Gender Pay Summary May 2021 Privacy notice for candidates Adviser Log In Cookies This site uses cookies to store information on your computer. Some of these cookies are essential, while others help us to improve your experience by providing insights into how the site is being used. I Accept I Do Not Accept Necessary Cookies Necessary cookies enable core functionality such as page navigation and access to secure areas. The website cannot function properly without these cookies, and can only be disabled by changing your browser preferences. Analytics Analytical cookies help us to improve our website by collecting and reporting information on its usage. Analytics On Off About this tool (Opens in a new window)