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Pension or not to pension that is the question

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I work in a government body and have had a pension with the local council since I started working 6 years ago. Everybody I have spoken to says that my particular pension is one of the better pensions currently available so I have stuck with it.

This week, however, I just realised that I really don't understand how pensions work. I know I put a monthly contribution towards them and then when I reach a certain age I recoup a monthly income but is it worth it?

I am currently putting 6% of my monthly income towards the pension (which works to be about £150) of which I have little idea where it is going.

I am currently developing a property business and £150 per month would make a big difference to me in this regard.

Is it business, savings or pension?

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