Nowadays this is called a workplace pension – though sometimes also known as employer, company, works or work-based pensions.
- You might still see ‘occupational pensions’ mentioned as a broader term to describe older pensions that were offered in the workplace before the automatic enrolment regulations came in.
- Previously many employers offered stakeholder pensions, defined benefit pensions and other solutions, but since the automatic enrolment laws, gradually all employers are having to offer a workplace pension.