14
Mar
2016
A question about : stake versus work
Hello, I have a stakeholder pension and my work has recently enrolled me in a workplace pension.
which am i best paying in to? I currently direct debit in to my stakeholder (not much and its not been for any where near long enough ) but i am wondering if i am better switching that to the workplace one.
I will continue to take part in the workplace one regardless.
Best answers:
- what's the employer contribution in the new workplace one? However much it is, it's free money so go with that, but try to keep the stakeholder going as well.
- Thanks.
Its 1% but its free as you say.
Will I not end up just paying for two pensions with two sets of fees? - Nothing wrong with having two pensions and two sets of charges if that works out cheaper overall or gets you investment options that you want to use.
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