Auto-enrolment

A question about : Auto enrollment pension vs Overpayment on Mortgage

Hi,

Just a quick one if someone could help me with some questions

I have a 150k mortgage outstanding which I pay ~Ј800 on a month and I am 37 currently with 23 years left on the mortgage.

1. If I choose to opt out of the auto enrolment pension and put that money instead in to overpayment I assume that the pension is still better? Due to the company contribution?

A question about : Changing my Percentage

Hi All,

The company I work for is due to auto enrol in May and I intend to initially put in 13% of my salary.

I can cope this this amount at the moment but if something happens and I'm struggling, are you allowed to decrease this amount?

Also, should I be putting all my pension eggs in one basket? I don't have a private pension and my company only have the auto enrolment pension and intend to only put in the minimum contribution.

A question about : Existing Pensions + Auto Enrollment?

A question about : Workplace pension providers

Has anyone found the best and/or lowest charging provider yet?

Best answers:

• How to compare the providers?
  Mine is 1.31% management charge but a hefty Ј650 Initial advisor Fee.
  Is that good/ bad / average?
  I don't know.
• What do you mean by workplace pension - auto enrolment specific or auto enrolment compliant or other?

A question about : I Work in Payroll...

..and had a two hour briefing on AE today. Crikey the government are really making this difficult for everyone. i don't even know if i will opt out or not.

A question about : Auto Enrolment opt out....

Hi Everyone.

Had a bit of a row today with pensions guy and HR about this stupid auto enrolment stuff.

I don't want to do this. I have provision and currently cannot afford to do anything else.

Today I found out that I have to opt in to either my current employer pension scheme or go with the new auto enrolment scheme. I cannot choose to do none of them. Even though I have stuff in place.

A question about : Local government pension scheme

Hi all.

I'm a complete newbie when it comes to pensions and I've been auto-enrolled into the LGPS. I'm not sure I know how it works.

From their website:

Quote:

A question about : Threat to limit tax free lump sum on retirement

I took early retirement from BT in 2011 and intend to take my pension in 2017.

I am fortunate to be a section B member (Defined Benefits) and as such anticipate an index linked pension plus lump sum.

I note the speculation in the press regarding proposals to cap the amount that may be taken as a lump sum to Ј36k but am not sure how and if this would impact the BT scheme?

Any ideas?