stakeholder pension

British

noun

(in Britain) a flexible pension scheme with low charges, in which contributors can stop and restart payments and switch funds to another scheme without paying a penalty

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

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.

You may be offered an employer contribution in the future, until then look at using a stakeholder pension if you want somewhere simple to start.

From BBC

Will it be worth my while joining the firm's other stakeholder pension plan or should I just put my money into a savings account?

From BBC

The first question is whether your employer will also contribute to the stakeholder pension plan if you choose to save this way.

From BBC

If your employer does not contribute then there are still tax reasons to look favourably on a stakeholder pension.

From BBC

Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023