Did you know that you pay less tax by paying into the Plan? This is because your contributions are taken out of your salary before tax.
If you choose to make your pension contributions through Salary Exchange, then you could also pay lower National Insurance (NI) contributions. As a result, your net pay could increase, while the amount of money invested in your pension pot remains the same. To check if this option is right for you, please read the Salary Exchange Guide - This link opens in a new browser window.
For every £1 that goes into your pension…
it only costs you 80p!
For every £1 that goes into your pension…
it only costs you 60p!
