Results 1 to 10 of 10
Thread: Workplace Pension
-
29th October 2014 #1
Workplace Pension
I am considering pulling out of this new pension.
If my plans for the future happen, I will only be putting a set amount away for 14 months so what's the point? Yes the government will put into this, so I don't think its going to make me millions.
-
29th October 2014 #2
- Join Date
- Aug 2010
- Location
- Marikina City
- Posts
- 26,785
- Rep Power
- 150
You've probably got this information already Steve, but just in case take a look here:-
If you want to leave your workplace pension scheme
-
29th October 2014 #3
Every little helps though?
I have two frozen pensions worth next to nothing really. Just started the work place one. I pay 4% of my monthly earnings, work match it. Although I am 40 years of age, so still a few years left in me until I retire.
-
29th October 2014 #4
I was listening to the radio the other day and there was a pension advisor on there. He said a 25yr old would have to put £1000 per month in to get a decent retirement payout.
-
29th October 2014 #5
It's probably true!
I could see this trend 15/20 years ago and that's why we took a huge risk and designed our own personal pension investment scheme... Pension plans in my era always looked like a bad idea to me with almost no guarantees of a final figure as a self employed person.
To this day, I have absolutely no idea how much to expect one day from the money I did pay into private and gov pensions..My guesstimate is peanuts probably.
-
29th October 2014 #6
- Join Date
- Aug 2010
- Location
- Marikina City
- Posts
- 26,785
- Rep Power
- 150
-
29th October 2014 #7
-
29th October 2014 #8
I have two pensions plus the state pension at this moment. Not a fantastic amount but it will do fine over in the Phils, plus I also have the rental from my property too.
So I dont think I want to start another one, plus the company may only put up to 1% in. To me it's a no brainer.
At this moment in time, I feel the best way is to fill both our ISA deals up to the max.
-
30th October 2014 #9
-
30th October 2014 #10
Thread Information
Users Browsing this Thread
There are currently 1 users browsing this thread. (0 members and 1 guests)
Similar Threads
-
Peoples pension
By stevewool in forum Loose Talk, Chat and Off TopicReplies: 2Last Post: 13th August 2014, 09:18 -
Pension changes soon to happen
By stevewool in forum Loose Talk, Chat and Off TopicReplies: 19Last Post: 25th July 2014, 04:47 -
Theresa May: Migrants have forced Britons out of workplace
By Dedworth in forum News UKReplies: 3Last Post: 16th October 2013, 12:42 -
state pension
By stevewool in forum Loose Talk, Chat and Off TopicReplies: 4Last Post: 5th June 2012, 11:48 -
whats your pension plan?
By bornatbirth in forum Loose Talk, Chat and Off TopicReplies: 24Last Post: 22nd June 2011, 05:15