A Group Personal Pension is an alternative to an occupational pension plan. GPP’s are a group of Individual Personal Pensions which are all individually owned, but set up with one provider.

GPP’s allow employees and employers to make contributions for their retirement and also provide benefits for death before retirement.

GPP’s have low running costs and are particularly appealing as you are dealing with one provider. If you change jobs frequently this allows you flexibility as you can continue your plan with another employer.