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Pension dilemma, private pension re company stakeholder

2 replies

MadameGazelle · 22/04/2012 22:49

I have just started work with a new employer who runs a stakeholder pension scheme although there is no employer contribution to this, what benefit would this give me vs a private pension? Also as I now work 2.5 days a week can I top up the smaller NI contributions I now make to ensure I get a half decent state pension too? TIA

OP posts:
CogitoErgoSometimes · 23/04/2012 06:22

A stakeholder pension is a private pension. The main benefit you get is that for every £80 you put in, you get £20 extra added in tax-relief. There is some information on topping up NI contributions here

Auntiestablishment · 23/04/2012 06:33

No difference. Check out the fees and unless there is some compelling reason not to, go for the one with lower fees as they really add up over the years.

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