Advice- I need to start a pension at 42 - recomendations please

curlyboy

bownyboy can I just join and pay a set monthly amount? into Aegon ?

martinsurrey

curlyboy wrote: »

dunstonh you just dont get it - cause theres a block on it at the moment with my company I work for I think thats gives it away

thank you bownyboy appreciate the advice

I think its you that doesnt get it....

you say no law is being broken, and you work for a large company.

it is the law that large companies HAVE to offer a pension scheme.

Are you confusing your companies old defined benifit scheme (whihc is closed to new members), and the new defined contribution scheme, which you could join?

https://www.gov.uk/workplace-pensions/about-workplace-pensions

Southend1

Curly, have a chat with your union rep who should be able to give you information about the company pension. It could be a useless manager telling you that you can't join because he can't be bothered with the paperwork.

atush

curlyboy wrote: »

no law being broken can we please just advise me on my question I originally asked thanks

Yes, there are laws being broken if they wont allow you to join? The question you asked us depends on the actual truth and answers. Like- Who do you work for.

while anyone (working or not) can open a personal pension, the pension someone (ie your employer) pays into with you is always the best palce to start.

And many retailers have good schemes (Tesco has had uptil now the best type)

atush

curlyboy wrote: »

dunstonh you just dont get it - cause theres a block on it at the moment with my company I work for I think thats gives it away

thank you bownyboy appreciate the advice

You dont get it, you are not speaking pension English.

A block is nothing, what do you mean? You can't join it because you work too few hours? You cant block an employee from joining a workplace pension. Every worker must be offered one under law. If now not, later if they have few employees. That is not the case with you.