The Importance of Pensions
In times past, many people would retire from their job with a nice pension to live comfortably. In recent times, the burden of retirement planning has often fallen on individuals instead. That means many people are moving toward their retirement years without having a solid plan for their future.
State pensions can be a key source of retirement income in many economies, but while they may provide a foundation, they may not be enough to live on. Many people have pensions through their employer, but these schemes are less common than they used to be and also might not prove sufficient. The bottom line is that it’s up to you to make sure your future is taken care of.
By the end of this course, you’ll be able to:
• Explain the differences between state, occupational, and personal pensions
• Recognize the importance of understanding and managing pensions
• Develop a plan to build your own pension fund
Why take this course?
It’s in the best interests of people of any age to put money aside for retirement. Pensions are designed to help you do this, but they can be confusing. When it comes to choosing a pension plan, it’s essential that you explore your options in detail. This course is designed to set you on the right path with an overview of how different types of pension schemes work.
15 mins | SCORM | Workbook