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Final Salary Pension
samandmillie
Posts: 215 Forumite
I've been given the chance to join my works pension scheme.
I would have to pay 7% per mth and they will contribute approx 13%. It's based on final salary.
I know absolutely nothing about pensions and wondered if this sounds ok?
Any advise greatly appreciated.
Many thanks
I would have to pay 7% per mth and they will contribute approx 13%. It's based on final salary.
I know absolutely nothing about pensions and wondered if this sounds ok?
Any advise greatly appreciated.
Many thanks
0
Comments
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Jump at it whilst you still can.I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0
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dunstonh wrote:Jump at it whilst you still can.
Join tomorrow, you wiill not get a better offer, most companies have closed down final salary schemes for new employees in favour of the less lucrative money purchase schemes;)0 -
100% agree, final salary pensions are the best deal going by a long chalk.0
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