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Choices Form Royal Mail Defined Contribution Plan Zurich

Choices Form Royal Mail Defined Contribution Plan Zurich

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hi subscribers and welcome back to the channel my name is dominic james murray ceo and founder here at cameron james okay so today we're going to be discussing a defined contribution plan advantages and disadvantages now on our channel we talk a lot about final salary and defined benefit pensions um obviously this is a very technical area of advice however there is also the necessary evil of defying contribution schemes unless you are extremely fortunate enough to still be employed inside a final salary scheme have had no other jobs across your career and just been with one company it's almost certain that you will have one or more defined contribution schemes from your previous employers it's also important for me to state that a sip a self-investor pension plan is actually technically a defined contribution scheme as well the difference between the two is that generally speaking when we say defined contribution scheme it means a former workplace pension or your current workplace pens

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