Defined Benefit vs Defined Contribution Pensions

There are only really two types of pension you can have, a defined contribution pension or a defined benefit pension. Over the last few years there has been a big change in the type of pension scheme offered by employers, moving from defined benefit to defined contribution. Each one is very different to the other and the one that is right for you will very much depend on what sort of retirement income you want. In this video we look at the advantages and disadvantages of both types of pensions and what one might be best for you. As mentioned in the video here is the link to our recent webinar.... "Are Defined Benefit Pensions As Guaranteed As You Think? What You Need To Know" -    • WEBINAR: Are Defined Benefit Pensions As G...   Also here is the link to "The 10-Minute Retirement Plan" a free download - https://rtsfinancialplanning.co.uk/de... #definedbenefitpensions #definedbenefit #definedcontribution