You can save for your pension with an insurance policy. You can build up a supplementary pension with tax relief with a pension savings insurance plan. Any taxpayer under the age of 65 can take out this kind of plan.
Opting for insurance gives you greater certainty around your return. You can count on receiving guaranteed interest income on every deposit.
The government backs supplementary pension savings. Each year that you save an amount, you receive a tax reduction of up to 30% the next year. So you save for later but enjoy an annual tax advantage now. The sooner you start saving for your pension, the more you can save on your tax each year and the greater your long-term benefit or return.