Group Personal Pension (GPP)

What is a Group Personal Pension?

A group personal pension is a normal personal pension plan that will be provided by your employer.

Essentially there is no difference between a personal pension and a group personal pension (they are the same contract, but offered on an individual or group basis).

Under a group personal pension your employer will probably pay into your account, and is likely to require that you do the same. The tax relief, tax free cash and other benefits equally apply.