How many of you have standard pensions?

DJMK4 · 27 Mar 2009 at 12:40

After I clear my debt, which should be in december this year, I need to start thinking about making regular contributions again to my savings, and also putting some money away in another "ISA" for pension purposes or would this be a bad idea? would it be better to get a "proper" pension scheme up and running?

I feel I have left it too late, I am 25 in a few months and havnt got a pension as Im in debt which im trying to clear, is this stupid?

DJMK4 · 27 Mar 2009 at 12:45

Zefan said:
Does your employer not run some sort of scheme?

Not at the moment, they are looking into one now but that's all I have heard, but then I was told by someone else that its easier just putting it into an ISA.

DJMK4 · 27 Mar 2009 at 12:47

If they don't run a pension scheme at work at the moment, what are the best options?

DJMK4 · 27 Mar 2009 at 12:56

but surely if my place of work "at the moment" doesnt have a scheme, what am I to do? Just put it away in an ISA? If I do this, and down the line I do open up a scheme, could I transfer the moneh in the ISA into my pension fund?

DJMK4 · 27 Mar 2009 at 12:56

Andr3w said:
You might want to start a private pension buddy, ours is ****

Any reccomendations? If I do it this way, would I recieve any contributions, or just simply get (what I put in every month?)

DJMK4 · 27 Mar 2009 at 14:12

This is all good advice, but the thing that is stopping me doing this, is the fact that is currently no pension scheme available by my employer at this time. Therefore if possible could you reccomend a private pension scheme for me? would I still get contributions from the government into this? what about employer?