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Just got my auto-enroll pension through

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Jewlio Rides Again LLB
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Joined: 06 Oct 2015
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PostPosted: 19:00 - 11 Feb 2017    Post subject: Reply with quote

JonB wrote:
People still seem to believe private pensions are like the scam products that were around in the 80's/90's.

The opt in pensions are basically a pay rise that is deferred til retirement.

I pay in 8% of my salary and my enployer matches it! That's over £3k net, every year!

If you are a higher rate tax payer and you are not doing this, you're silly. IMO.


Lucky you. Sounds like an exception not the rule. I imagine most (mine included) will contribute the bare minimum required by law.
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M.C
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Joined: 29 Sep 2015
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PostPosted: 23:31 - 11 Feb 2017    Post subject: Reply with quote

JonB wrote:
People still seem to believe private pensions are like the scam products that were around in the 80's/90's.

There have been warnings about workplace pensions, ultimately you'll only find out when you hit retirement.
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