By giving you tax relief on pension contributions the government encourages you to save for your retirement Tax relief reduces your tax bill and increases your pension fund. The way you get tax relief on pension contributions depends on whether you pay into a company, public service or personal pension scheme.

Usually your employer takes the [...]

You are likely to be offered PPI by the company when you take out a mortgage or other loan or credit agreement, but you do not have to buy it from them. You can buy it yourself separately from insurance brokers, including over the internet; shop around to get the best deal for you; and [...]