Round Tuit
Registered User
- Messages
- 163
Our employer has to date made the minimum 3% contribution to those of us in the group pension scheme. They've just announced they are taking a 12 month holiday from making these contributions to save money. They also implied it was a bad time to be making contributions (employee and employer) given the current climate. I would have thought the opposite - surely we get more for our money now given this is a very long term investment for most of us.
2 questions: Can they do this? and; Should we consider reducing or pausing our own contributions?
2 questions: Can they do this? and; Should we consider reducing or pausing our own contributions?