A retirement plan should be an essential part of every persons life plan. many retirement plans have unique features which are aimed to boost your returns.
Remember, all pensions are a form of investment and any generated income can go down as well as up, meaning you may get back less than you invest.
How it works
With a retirement plan, you can invest from a wide selection of funds. You also get tax relief on the money you put in which is why it is sometimes prudent to invest as much as you can afford. Any growth, interest and dividends are tax-free, though you may need to pay tax on any money you withdraw.