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stakeholder pension
noun
- (in Britain) a flexible pension scheme with low charges, in which contributors can stop and restart payments and switch funds to another scheme without paying a penalty
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Example Sentences
You may be offered an employer contribution in the future, until then look at using a stakeholder pension if you want somewhere simple to start.
From BBC
Will it be worth my while joining the firm's other stakeholder pension plan or should I just put my money into a savings account?
From BBC
The first question is whether your employer will also contribute to the stakeholder pension plan if you choose to save this way.
From BBC
If your employer does not contribute then there are still tax reasons to look favourably on a stakeholder pension.
From BBC
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