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New Job what to do about pension

Options
Have just started a new Job at age 58 and my employer will match any contribution to a pension that I make. Is my only option a Stakeholder pension? Incidentally my new company does not have a pension scheme I can sign into.

Comments

  • dunstonh
    dunstonh Posts: 119,687 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Is my only option a Stakeholder pension?

    Personal pension, stakeholder pension or SIPP.
    Incidentally my new company does not have a pension scheme I can sign into.

    What they are doing is better than most. They are allowing you to pick your own provider and product. Thats great news as many money purchase schemes have poor quality or limited choice of investments. This way you can invest it how you want.
    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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