Final salary or employer's scheme - which to pay into?

Craig_W_2

Thanks again.

Reading...

jamesd

For the NT scheme it's a good idea to pay the minimum it takes to get their 7%. You'd pay 3% before tax and NI, losing 2.04% of after tax equivalent income. So you end up with 4.43 times the money you spent. If you are 38 years old now and retire at 68 that's equivalent to 4.2% a year compounded each year before you invest the money