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Legal And General Pension Scheme

Hi there,

New to the forum, I am 19 and a electrical engineering apprentice from Bradford. My work is offering me a stake-holder Legal And General Pension Scheme.
I have been told to put in 5% of my wage and my employers will match it.

I just want some advice on what funds to go for, as I know next to nothing about pensions. I was looking at funds with a moderate risk level.

Thanks,
Joel

Comments

  • Aegis
    Aegis Posts: 5,695 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    What funds do they offer you?
    I am a Chartered Financial Planner
    Anything I say on the forum is for discussion purposes only and should not be construed as personal financial advice. It is vitally important to do your own research before acting on information gathered from any users on this forum.
  • I'm not sure if I am restricted to certain funds, that is someone I would need to find out. However the letter says you can go with the default which is the: global equity fixed weights index lifestyle index.

    I also got a book the look through, like this one here:

    www80.landg.com/DocumentLibraryWeb/Document?reference=W10577IndSHPInvestmentFund.pdf

    It has the funds that are on page 6.

    Thanks
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