Saving for my retirement

nearlyrich

birkee wrote: »

Which tells me what?
Final salary pension scheme was cancelled before I retired, and now they say what I do get, is likely to be reduced again.

Don't forget the post saying 'pay into your employers scheme' to which I responded. Nothing to say the scheme will survive until retirement.

Actually what I said was "does your employer offer a pension scheme? Will they contribute? The tax relief is worth a lot and helps the pension pot to grow. I started saving into a personal pension at 28 I have had two jobs (including the one I do now) where the employer contributes too"

These are not "company schemes" are not run by the companys but by in the present case an insurance company and it's a money purchase scheme, free money is free money in my book and if my employers is offering I'm having some no question about it.;)