Company Pension Schemes

If your company offers a pension scheme, you should think seriously about joining it. If you belong to a company pension scheme, part of your pay or salary may be invested so that after you retire you can draw income from the fund you have built up.

Some company schemes offer the following:

• A substantial tax-free sum if you die while employed
• A tax-free lump sum when you retire
• Pension increases paid in line with the cost of living

Your employer sets up the scheme and may also contribute to it and pay for the administration. The scheme's trustees normally choose an insurance or investment company to invest the funds. The existence of trustees ensures that the money in the scheme is kept separately form the company's other assets.

Important Information: 'Tax free' means in the hands of the investor. Tax laws and practice are subject to change. The value of tax benefits to you depends on your personal circumstances.

You may be eligible to have an individual pension in addition to your company scheme. Your Edward Jones financial adviser can help you find a pension to suit your individual needs. Edward Jones does not offer advice on occupational pension schemes.