An executive pension plan is a tax-efficient savings scheme designed especially for directors, senior executives and people who own their own businesses.
Set up under trust rules
Executive pension plans allow payments from an employer to be paid into a pension fund which is set up under trust. Trustees must be appointed to run them, and they're responsible for day-to-day administration, such as ensuring contributions are paid regularly and benefits are paid out promptly. The individual director or employee can also pay additional contributions if they wish.
If someone with an executive pension plan dies before they retire, we'll pay the fund as benefits to the trustees.
It’s all in the planning
It’s never been more important to make sure you plan for your retirement.
Our product range
You might be pleasantly surprised by our wide range of flexible pensions.