Only sign up to an employer scheme if you get something out of it

pensions

It is worth signing up to an employer's pension scheme if they make a contribution, however if this is not the case options such as a good pooled fund are a suitable alternative

Should I join my employer's pension? On the surface it appears to be a straightforward question that deserves a simple answer. If the employer is prepared to make a contribution, then we would almost certainly advise an employee to join their employer's scheme. The money on offer is a form of deferred pay and therefore the employee has nothing to lose and something to gain. This advice follows conventional wisdom but does little to shed light on the reality of being an independent financial adviser working in the modern pensions landscape. Despite measures to encourage wider private pens...