Yes, as an employee of a privately owned company, having a private retirement plan can be a beneficial addition to your overall
retirement savings strategy. This gives you the opportunity to save and invest money specifically for your retirement. It can be customised to suit your specific needs, risk tolerance, and investment preferences. With more control over investments and contributions, you can make better decisions. In the event that you change jobs, you can still contribute to and manage your private retirement plan, as it is not linked to your employer. With this personalised retirement plan, you can ensure that your financial security for retirement is dependable and well-managed even when your circumstances change.