IS IT WORTH JOINING THE COMPANY PENSION SCHEME ?

Q.  Our company has just announced a pension scheme stating they have a facility to deduct contributions from our salaries to individual pension schemes and have nominated an insurance company for those contributions. They are not paying into it themselves just facilitating. I am 31 years old and 5 years with the company – do I have to join the scheme, is it worth my while or would I be better off with my own separate one.. am not sure I am going to stay with this company. Love the column John – Drumcondra Dublin 9

 

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