I am 20, should i start thinking about pensions yet? & Where to get a bit of info?

faerie_girl

I will be 21 very soon and want to find out about pensions. I don't know anything about starting one, if i can start one yet or anything.
I am aware that there is a likely hood by the time i am able to retire that there probally wont be a state pension for me.

Could anyone point me in the right direction to get some basic info on pensions. I really don't know anything about them but i think i should.

Thanks, Faerie

rrwfotr

A good place to start:

http://www.thepensionservice.gov.uk/

dunstonh

I am aware that there is a likely hood by the time i am able to retire that there probally wont be a state pension for me.

That is unlikely to happen. You will have a higher state retirement age. Currently set at 68 for you. However, it is worth noting that the basic state pension is only worth £4500 a year so whilst its useful, it isnt going to go far. What may be a lot different by the time you retire is the level of benefits and the second state pension. They are the things best not to rely on being there.