stumpski
Well-known member
I was interested in the lead news item this morning, thousands of people who've never paid into a pension before will start doing so:
Auto-enrolment pension scheme for millions begins - Yahoo! Finance UK
There is an 'opt-out' which makes me wonder how many will still be paying in six months from now, but I was wondering how many here, especially those in their twenties and thirties, are not and have never been in any sort of scheme. Also on what the situation is outside the UK - whether it's compulsory. I pay in about £22 a week which won't get me much in retirement (about 15 years away, if I'm lucky); those who pay in the minimum of £2.37 a week will be lucky to buy a pint of milk a day on what they get back.
Are you concerned, or is it just too far away to worry about?
Auto-enrolment pension scheme for millions begins - Yahoo! Finance UK
There is an 'opt-out' which makes me wonder how many will still be paying in six months from now, but I was wondering how many here, especially those in their twenties and thirties, are not and have never been in any sort of scheme. Also on what the situation is outside the UK - whether it's compulsory. I pay in about £22 a week which won't get me much in retirement (about 15 years away, if I'm lucky); those who pay in the minimum of £2.37 a week will be lucky to buy a pint of milk a day on what they get back.
Are you concerned, or is it just too far away to worry about?