Hi,
I am about to sign a contract and have been asked if i want to join their contribution pension plan.
The funds offered are:
IRIS Fund – Medium risk - 100% investment
OR
Pension Gilt Fund – (Lower Risk)
Consensus Fund – (Medium Risk)
International Equity Fund – (Higher Risk)
I have been asked if I want to take the default which will be the 100% IRIS Fund or divide it % wise across the other funds.
My questions are:
1. is it wise to start a pension now,
2. can you please advise on what way I should spread the contributions or should I stick with the default.
I really have not a clue what to do and this has to be in before 1st Jan. I would have another 30 years until retirement.
Thanks
I am about to sign a contract and have been asked if i want to join their contribution pension plan.
The funds offered are:
IRIS Fund – Medium risk - 100% investment
OR
Pension Gilt Fund – (Lower Risk)
Consensus Fund – (Medium Risk)
International Equity Fund – (Higher Risk)
I have been asked if I want to take the default which will be the 100% IRIS Fund or divide it % wise across the other funds.
My questions are:
1. is it wise to start a pension now,
2. can you please advise on what way I should spread the contributions or should I stick with the default.
I really have not a clue what to do and this has to be in before 1st Jan. I would have another 30 years until retirement.
Thanks