Making the right start is important and the decisions you make at this point are vital...look out for...
Pension Schemes provided by your employer
These are invariably worth joining, particularly if they are Final Salary (Defined Benefit) Schemes.
Even a Group Personal Pension (Defined Contribution) Scheme will often mean that your employer pays into the pension as well as you.
There are plans to introduce compulsory NEST (National Employment Savings Trust) schemes which employers will have to pay into for most employees over a period from October 2012 to March 2016.
No Employers Scheme or Self Employed
Then you need to decide between Stakeholder Pensions and Personal Pensions - we can help with that decision but as a general rule, Stakeholder Pensions are most suitable for someone looking for a plan with a cheap charging structure and requiring no ongoing advice.
Personal Pensions are invariably more suited to those requiring ongoing advice and investment monitoring... but they do not need to be extremely expensive. Most Personal Pension contracts offer you more options for investment and are priced very competitively in today's market.
Contact us for affordable independent advice on: