Answered by Stephen Moore
If you are employed, then your first port of call should be your employer, as they will usually make contributions into the pension scheme they offer on your behalf which can boost your pension savings considerably.
Employer Auto-Enrolment Scheme
Under the Government’s auto-enrolment legislation, your employer must automatically enrol you into their pension plan. However, this scheme is being rolled out gradually, starting with the largest employers first. All employers, regardless of their size, must offer their employees a pension by 2018.
No Company Pension Scheme
If your’s doesn’t provide a pension yet, or you are self-employed, then you can set up your own pension plan with an insurance company, bank or building society, or via a pension adviser such as Drewberry. Always compare charges and investigate which investments you can put your money into before paying into a new pension.
If you want to manage your pension yourself, you might want to consider a self-invested personal pension (SIPP) as they offer a wide choice of investment types.
Frequently Asked Pensions Advice Questions
Ciaran was Brilliant and provided a thorough service that delivered exactly what I was looking for. Very paitent and made even the most complex terminology sound simple.
Very professional service. I was overwhelmed by the amount of different policies which came up from my online search but Victoria from Drewberry helped me find the most relevant ones over the phone and answered any questions I had. I was really impressed by the standard of service Drewberry offered.
Jake Mills is the guy to go to. He listens to your needs and will stay in touch. He is a really good adviser and will find you the best policy for your needs. Always ask for Jake.