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Appropriate Personal Pension Definition

Question - What Does The Term Appropriate Personal Pension Mean?

Answer - This is a special kind of personal pension you must buy if you opt out of the state second pension as an individual. It has some specific conditions attached to it to make sure that it provides the same kind of benefits as the state pension you are giving up.

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Other Definitions Explained - Stakeholder Pension | Standard Rate | Stand Down | State Second Pension | Statute | Statutory Fair Dismissal

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