Workplace pension help
Posted: December 7th, 2021, 7:18 pm
Hey again all
I am getting stuff ready for my personal pension and am feeling much more proactive about a lot of this stuff when previously it would have scared me stiff, so thanks to everyone who's endured my inane questions
But in the meantime, I was wondering if someone wouldn't mind reviewing the default fund in which my auto enrolment workplace pension is invested.
The fact sheet for the default fund can be found at https://fundcentres.lgim.com/srp/docume ... tSheet.pdf
Again, I earn slightly over minimum wage (my net annual salary for this year is roughly £15,113.40), and in terms of the contribution breakdown for my workplace pension, it's as per the standard, i.e. 5% on my end, and 3% from the employer.
How best can I make my workplace pension work for me?
A friend has suggested looking into SIPPs as an alternative route for my contributions, but it seems like it would involve quite a big learning curve on my end.
Thanks in advance.
I am getting stuff ready for my personal pension and am feeling much more proactive about a lot of this stuff when previously it would have scared me stiff, so thanks to everyone who's endured my inane questions
![Laughing :lol:](./images/smilies/icon_lol.gif)
But in the meantime, I was wondering if someone wouldn't mind reviewing the default fund in which my auto enrolment workplace pension is invested.
The fact sheet for the default fund can be found at https://fundcentres.lgim.com/srp/docume ... tSheet.pdf
Again, I earn slightly over minimum wage (my net annual salary for this year is roughly £15,113.40), and in terms of the contribution breakdown for my workplace pension, it's as per the standard, i.e. 5% on my end, and 3% from the employer.
How best can I make my workplace pension work for me?
A friend has suggested looking into SIPPs as an alternative route for my contributions, but it seems like it would involve quite a big learning curve on my end.
Thanks in advance.