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Pension or Mortgage
Comments
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One last thing, as I know hardly anything about pensions should I see an IFA or can anyone recommend a certain site?0
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Well how much will you put in each year?
or a start, i'd try one of the onlines like Cavendish, or even HL. Once you have saved quite a lot (ie more than 20-40K) then an IFA might be in order. The trick is, your COMPANY must pay the contributions, not you.
As for investments, choose a multi asset fund of say 60-80% equities or a global tracker to start with. Will give you low costs and diversification.0 -
First of all thank you for the replies. The reason I haven’t thought about a pension is because I always wanted to be mortgage free as at first it was a big sum of money that was worrying me.
Wise decision. Running your own business has inherent risks. Compared to those in relatively secure salaried employment.0
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