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26 year old - private pension?
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...and has been replaced with the Pensions Act 2008 legislation meaning that employers with 1 employee or more will have to auto-enrol every employee into a qualifying workplace pension scheme with the employer paying in 3%, the employee 4%, and tax relief (behave yourself jem16
) of 1%. This is to be phased in gradually over 43 different dates from 2013, depending upon the size of the employer and their PAYE code, with the largest employers first and the smallest last, apart from a random selection of small employers who will join the larger employers at the beginning. I am an Independent Financial AdviserHowever, anything posted here is for discussion purposes only. It should not be considered as financial advice.0
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