WEBVTT

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Let's talk pension types, in 20.

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There are three main types of pension

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in the UK.

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These are paid by the government

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when you reach retirement age,

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based on your national insurance

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contributions.

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These are set by employers.

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When you pay in,

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they do too!

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A popular choice

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when you're self-employed.

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You pick the provider,

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and where your money is invested.

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You can have multiple workplace

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and personal pensions,

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but you can only have one state pension.