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Best pension for self employed

Hi, just wondered if anyone can help!!
I’m self employed and wondering weather
To get a pension (if so which 1 is best for me)
Or get a lifetime isa!!??
Thanks in advance
Glen

Comments

  • pramsay13
    pramsay13 Posts: 2,180 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Might be worth sitting down with a financial advisor who will look at your finances and advise accordingly.
  • MallyGirl
    MallyGirl Posts: 7,349 Senior Ambassador
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    an independent financial advisor
    I’m a Senior Forum Ambassador and I support the Forum Team on the Pensions, Annuities & Retirement Planning, Loans
    & Credit Cards boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com.
    All views are my own and not the official line of MoneySavingExpert.
  • xylophone
    xylophone Posts: 45,770 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    See

    https://forums.moneysavingexpert.com/discussion/comment/75049267#Comment_75049267



    https://adviserbook.co.uk/

    You would tick "confirmed independent" and such other specialisms as are required.
  • dunstonh
    dunstonh Posts: 120,331 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    All retail pensions cater for the self employed as they do for employed.

    As to whether LISA or pension is best, it would depend on your tax position now and in the future and your overall circumstances. Either could be better than the other or a combination of the two.

    However, either is better than doing nothing.
    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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