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  • greenglide
    greenglide Posts: 3,301 Forumite
    Part of the Furniture Combo Breaker Hung up my suit!
    it's completely different if you pay yourself in dividends as a director and there are ways to contribute to a pension from your company if this is the case.
    Under these circumstances the OP wouldnt be self employed.

    Of course there is much misunderstanding over the meaning of "self employed" around here.
  • BLB53
    BLB53 Posts: 1,583 Forumite
    I work for myself so can't have a workplace pension. Would you still recommend a private pension?
    Lots of great articles on monevator so do a bit of reasearch into SIPPS. One option would be to start a sipp a/c with a low cost provider like Charles Stanley Direct and set up a monthly DD into something simple like Vanguard Lifestrategy fund. Also worthwhile doing the same with a S&S ISA.
    http://monevator.com/using-vanguard-lifestrategy-funds-life/

    Also consider the Slow & Steady low cost portfolio on Monevator (update today).
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