personal pension
Britishnoun
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a private pension scheme in which an individual contributes part of his or her salary to a financial institution, which invests it so that a lump sum is available on retirement; this is then used to purchase an annuity
-
a pension derived from such a scheme
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
Under the French system, very few people have personal pension plans linked to capital investments.
From BBC • Jan. 18, 2023
She said her personal pension was not enough to live on.
From BBC • Sep. 17, 2021
Most personal pension funds have fallen over the past month, some by as much as a fifth.
From The Guardian • Aug. 12, 2011
Hargreaves Lansdown, the nation's biggest financial adviser, says the average size of a self-invested personal pension at the company is around £70,000, and a 20% hit means investors have lost £14,000 on average.
From The Guardian • Aug. 12, 2011
Mr Mclean advises him to shop around among insurance companies for a personal pension scheme.
From BBC • Mar. 30, 2011
Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.
