A local trusted pension expert
Stakeholder pensions were introduced by the Government in 2001, it was perceived as a lower cost alternative to the more expensive personal pensions at that particular time. Stakeholder Pensions are particularly attractive to people on low incomes, enabling smaller contributions to be made for people who want to get onto the pensions ladder.
Contributing to a stakeholder pension in the longer term generates a reasonable sum of money which in turn generates you an income when you do retire.