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Pension advice

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DomP:
I there anyone on here knowledgeable on pensions, I'm embarrassed to admit that for several reasons I don't have a pension plan but really want to get one sorted.

McCabe-Thiele (Ted):
It depends on your employment status, if you are self employed or a company director you need to go to an independent financial advisor - not a bank or directly to a pension provider for the best advice.

If you are employed you should be auto enroled into a works pension scheme, its a complex area.

.https://www.thepensionsregulator.gov.uk/en/employers/managing-a-scheme/contributions-and-funding#:~:text=The%20minimum%20contributions%20that%20you,on%20a%20percentage%20of%20earnings.

DomP:
Thanks Ted, I'm self employed so a financial advisor it is then.

magpie114:
It depends on your personal circumstances so a financial advisor makes sense.
The following link might be useful

https://www.vouchedfor.co.uk/?utm_source=google&utm_medium=cpc&utm_content=28011613635&utm_term=vouched%20for%20financial%20advisers&utmgsource=AS_AdWords&utmgmedium=cpc&utmgvertical=Brand&campaignid=350359515&keyword=vouched%20for%20financial%20advisers&matchtype=e&adposition=&device=m&devicemodel=&network=g&gclid=CjwKCAiA2rOeBhAsEiwA2Pl7Qzzio7ktgY6aR-BOh4bk2CA5BsR62DKH_Uo_P_tD9RFNSiPS4qcoixoCYLIQAvD_BwE

A SIPP might be worth investigating AJ Bell have some good info on their site.


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DomP:
Much appreciated folks, I'll look into it a bit further over the few days and see if anyone close to me can recommend a financial adviser.

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