Catalogue · Updated 2026-06-17

Browse UK Pension Wrappers

Every UK pension wrapper PlainPension covers, with the key numbers and the source link. 5 wrappers — page 1 of 1.

• New State Pension

  Annual Allowance: — · Min access age: 66 · Tax-free lump sum: — · Employer min: — · FSCS: —

  Best for: Everyone reaching State Pension age from 6 April 2016. Foundation income.

  Not for: Sole retirement plan — full new SP is below relative poverty line for many.

  Source: https://www.gov.uk/new-state-pension

• Workplace Defined Contribution pension

  Annual Allowance: £60,000 · Min access age: 55 · Tax-free lump sum: 25% · Employer min: 3% · FSCS: Yes

  Best for: Anyone in PAYE employment. Auto-enrolment + employer match is highest-ROI savings vehicle in the UK.

  Not for: Money needed before age 55 (rising to 57 from 2028).

  Source: https://www.gov.uk/workplace-pensions

• Workplace Defined Benefit pension

  Annual Allowance: £60,000 · Min access age: 55 · Tax-free lump sum: 25% · Employer min: — · FSCS: Yes

  Best for: Members of NHS, Teachers, USS, LGPS, Civil Service and other DB schemes. Inflation-linked income for life.

  Not for: Most private-sector workers since the 2000s — DB largely closed to new accruals outside the public sector.

  Source: https://www.gov.uk/workplace-pensions/what-you-get

• Self-Invested Personal Pension

  Annual Allowance: £60,000 · Min access age: 55 · Tax-free lump sum: 25% · Employer min: — · FSCS: Yes

  Best for: Self-employed, higher-earners topping up workplace, consolidators of multiple old workplace pots.

  Not for: New savers who have not maxed employer match in workplace DC.

  Source: https://www.fca.org.uk/consumers/pensions

• Stakeholder Pension

  Annual Allowance: £60,000 · Min access age: 55 · Tax-free lump sum: 25% · Employer min: — · FSCS: Yes

  Best for: Capped-charge personal pension — narrowed niche since auto-enrolment.

  Not for: Most savers — workplace DC pots with employer match dominate.

  Source: https://www.gov.uk/personal-pensions-your-rights

For a side-by-side comparison see /compare/. For full editorial guides see /guides/. For original research analysing the data see /research/.