Why should I join?

If you are offered a pension scheme by your employer, then it is generally recommended that you should join it.

This will require you to make regular contributions, which will be taken directly from your salary. This means that you will not have to take on the responsibility for making contributions of your own accord.

The most important benefit of the scheme is that the company also pays into it. As a result, your money will go much further in the company scheme than in a private one, and will leave you in a better financial position when you eventually reach retirement. Think of it as receiving extra pay.

Pension schemes are one of the last places where you can benefit from tax incentives.

You can find details of the full range of benefits available in the scheme guide.