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| UK Finance (uk.finance) Discussion about Finance issues in the UK. |
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#1
May 21st 11, 09:02 AM
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Moriz
Pensions:
I am an employee paying into a company pension fund, also uptil 2002 I had a SERPS (State Earnings-Related Pension Scheme) account with Legal and General. Recently they sent me a statement which showed that I had around £4700 locked into that fund until I am 60 (retirement age) which will be in 18 yrs time. I have decided to paye £25 pm into that fund to enhance the fund for retirement. Would it effect my work based pension and is it a good idea or a bad one to topup this SERPS fund? 
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