Auto-enrolment

A question about : Is it worth it?

Please correct me if I am wrong.

My current employer has auto-enrolled me into a pension plan with Standard Life.

My employer pays contributions. So far judging from the YTD on my last wage slip they have paid Ј55 and I have paid Ј27.

My question is this: why is everyone leaving or opting out

> If my employer is contributing to my pension, this should be seen as a wage increase?

A question about : Enrolment optout options

When my company was bought some years ago a couple of us moved to the new company but kept our previous Standard Life pension scheme. This has been paid into with no issues until now, I have been informed that I have to be enrolled into the companies main pension provider but I can opt out. My questions are, If I opt out can I force my company to continue payments to SL, and will there be a break in pension due to me being opted in and then opting back out of the other scheme. Also are there any tax implications for me by opting out.

A question about : Trying to get my head around the new government pension

Hi I'm really struggling with the new pension scheme, using Susan from this website as an example would I be right in saying

https://www.lgps2014.org/content/how-...-be-worked-out

If Susan pays into the new auto-enrolment pension at her full rate for ten years then every year after retirement she will receive (based on today's figures)

A question about : Private Income Drawdown April 2015

A question about : Workplace Pension Scheme staging dates

A question about : State pension

Hi, might be a silly question.....is the workplace pension as well as or in stead of a state pension.

Will i still get a state pension even if I am paying into the work place pension?

thanks

Best answers:

• If you are paying NI contributions, you will be building up entitlement to a state pension.
  Any other pension you pay into will be on top of your SP.
• yes paying NI every week since I was 18.
  thanks for that.

A question about : Need help understanding a pension

Hi, I was hoping someone could help me understand my new, first and only pension.
So I start a new job tomorrow! And I've been auto-enrolled into a Local government pension scheme.
I totally am into money saving and stuff, but a pension is something I don't understand.

I am considering opting-out. But think it's hasty I opt out without any knowledge of a pension.
So I have 40-50 years to work until I reach retirement.

A question about : Calculating number of years of paying NI for state pension

Hello

I've read several times recently on here that 35 years NI contributions are needed to earn full state pension. What I'm unsure about is if a few years in a part time job count towards this?

I got my first job just after turning 16 and worked part time hours for 3 years until I went to university (1 of those years was full time however I was only ever contracted part time - not sure if that makes any difference).