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Pensions for Illustrators Members  

This resource outlines some key considerations around pensions, and ensuring you are able to cope financially when it comes time to retire. 

In this article

  • What is a pension?
  • What is the State Pension and how does it work?
  • Choosing a Pension if you’re self-employed
  • Pay Attention to Scams
  • Tax Relief

Continue reading...

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If you are self-employed you will not be automatically enrolled in a workplace pension scheme. It is therefore your responsibility to ensure you will be able to cope financially when you wish to retire. These considerations may not be front of mind, especially if you are just starting out in your career. However, it is important to take steps now to ensure that your finances are protected in the future. 

What is a pension?

A pension is a savings plan ensuring you have money to live off when you are no longer working or when you reach retirement age.

Most people will have access to the State Pension, which is a regular payment from the government that people can claim when they reach State Pension age and if they meet certain criteria. 

As well as the State Pension, if you are employed, then your workpl

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