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Private pensions explained

Published on 23 March 2023

How do private pensions work? How are defined benefit and defined contribution pensions different? And what about 'pension freedoms'?

    Authors

    Isaac Delestre
    Isaac Delestre

    Senior Research Economist

    Isaac is a Senior Research Economist in the Taxation sector, focusing on the taxation of high-income individuals and closely-held corporate entities.

    Explainer details

    DOI
    10.1920/ex.ifs.2023.0003
    Publisher
    Institute for Fiscal Studies

    Suggested citation

    Delestre, I. (2023). Private pensions explained [Explainer] Institute for Fiscal Studies. Available at: https://ifs.org.uk/articles/private-pensions-explained-0 (accessed: 22 May 2025).

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