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I am starting to think about a pension - I am 24 and do not have one through my employer

Where do I start to look and which provider will best suit my situation?

2007-02-12 04:25:48 · 3 answers · asked by Anonymous in Business & Finance Personal Finance

3 answers

Start by asking your Employer's HR Dept. about Pensions.

Unless it is a very small Company (less than 20 people) I believe they must already offer some sort of scheme.

Most Employers will make some contribution towards your Pension (for example, £50 a month) so it's worth chasing them first.

NB. IRA's are for US residents = I'm assuming you are in UK

2007-02-14 19:13:27 · answer #1 · answered by Steve B 7 · 0 0

Talk to someone at your bank about purchasing an IRA (Roth or Traditional). They'll give you plenty of reading material about the different types of investment assets.

2007-02-14 07:41:43 · answer #2 · answered by Anonymous · 0 0

There is always the danger that whichever one you pick and pay for years will go bump. leaving you with NOTHING. You need a better plan.

2007-02-15 21:25:19 · answer #3 · answered by ktbaron 3 · 0 0

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