Stakeholder pensions are a form of personal pension introduced by the Government to encourage more people to save for retirement. The Government laid down certain conditions to apply to the pension to make it more attractive. The advantages to a stakeholder pension are;

The Stakeholder Pension is suitable for almost anyone, even those not working or receiving an income, though it is probably more appropriate for someone who is interested in the low costs and who is not concerned with the lack of investment options available.