Code: 2.6.2 · Adults
Knows who is entitled to a state pension and how much it is
Has a good understanding of the main types of public and private pensions available nationally
Knows the difference between optional and compulsory retirement savings, and the difference between occupational and individual schemes
Knows that in some jurisdictions people may be automatically enrolled into a pension
Knows whether opt-out is possible (where relevant)
Chooses among pension products or creates combinations of pension schemes to build an adequate retirement income, when possible