Re: works pension query
At 58 it personally seems pointless to me to give your hard earned money away to someone else to play the stock markets with. A pension with significant company contribution is usually worth looking at when you are younger but we are talking up to 100% not a lousy 17%. i.e for every £1 you put in, you want your employer to also put in £1 or as close to that as possible. 17p is pathetic imo.Re: works pension query
Re: works pension query
How much is she likely to draw from this extra pension? Will it be sufficient to live on when combined with her state pension? I'm assuming that this pension will be paid for her lifetime so may be a better option than putting it into an ISA with their pathetic interest rates - that £35 pw (assuming it is paid in religiously) invested in an ISA won't accumulate that much and the temptation will be to draw it out in one lump sum.Re: works pension query
"By the way i made a mistake the payment is £35 per month not a week . It's all she can afford ."Thread Tools | |
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