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Pension
cr1mson
Posts: 933 Forumite
Not sure if this should be on pension board so please feel free to move.
Started new job and they arranged for me to meet someone about joining their pension scheme. This turns out to be an IFA and I am going to be charged for his "advice". Pension is effectively just a private pension and imho one with a high fee.
I have never encountered this before and I am extremely uneasy about it especially as job is only part time so employer contributions will effectively be wiped out for first year. I have said won't be adding my own contrbutions but could I ask my employer to put contributions into my existing stakeholder pension.
Any thoughts?
Started new job and they arranged for me to meet someone about joining their pension scheme. This turns out to be an IFA and I am going to be charged for his "advice". Pension is effectively just a private pension and imho one with a high fee.
I have never encountered this before and I am extremely uneasy about it especially as job is only part time so employer contributions will effectively be wiped out for first year. I have said won't be adding my own contrbutions but could I ask my employer to put contributions into my existing stakeholder pension.
Any thoughts?
0
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