If you are 24 you have a long time to pay into it, so you can afford to go for more risk

which usually give a better return. You can have a mixture of investments that go into your pension, so you could have part low risk, part medium, part high risk. But ultimately the decision is up to you what risk you want. You can't ever really start a pension too early. I'd go and chat to your bank and see what advice they'd offer you, you can then decide if you want to go with them or get one from another provider.

Your company should have a scheme and in some instances they'll pay a percentage in themselves for you. You can move your pension whenever you want, just because it's with your employer doesn't mean it stays there. It's your money so you decide where to put it.

Posted By: Astroturf, Aug 1, 22:19:17