A pension review service that connects you with fully FCA regulated pension specialists
Opening Times: Monday to Friday - 9.00am to 5.30pm

Need assistance?
Call the Pension Advice Line

Phone: 0113 322 7922

Defined contribution schemes

Defined contribution pension schemes

Defined contribution pension schemes invest the contributions, made by you and/or your employer, in a range of different investments. You may be offered a choice about how your contributions are invested.

The benefits that you receive at retirement depend on:

  • how much has been paid in on your behalf (by you and/ or your employer);
  • the length of time that it has been invested; and
  • how the investments have performed over this period.

Defined contribution pension schemes may also be known as money purchase schemes.

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