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Company pension for contractors limited company

bograt2004 · 2018-03-05 20:23:36

Hi, I'm an it contractor and want to open a company pension so i can pay in. So far when i've gone to financial advisors they quote things like £800 to £3000 for setting up a fund. what i'm looking for is a low cost option 200 - 300 pound to open up a fund i can pay into. can anyone recommend anything. I've been digging…

Comments

dunstonh Posts: 121,374 Forumite

6 March 2018 at 4:24PM

It is for employers and that's what this query is about.

Not its not.

The OP is a director of own company. He would not be using an auto-enrolment scheme as there are no employees. He should be using an individual personal pension with employer contributions.

I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.

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