Hello,
I'm moving from self-employment to a permanent role. I currently have a VG SIPP which ideally I'd like to continue putting into.
The new perm role uses Standard Life contributing 5% and I'm to contribute 3% and it's an auto-enroll (unless one opts out I assume).
Surely it's more beneficial to keep paying out of my pocket now (rather than my Ltd. as previously done) to the SIPP rather than kick off a new pension.
That's as long as the company will pay into the SIPP.
How does one get the company to add to the SIPP and how do the govt pension additions work into this?
I'd have thought by starting a new pension alongside my SIPP it's not worth doing.
Has anyone had a similar issue?
Thanks in advance.
I'm moving from self-employment to a permanent role. I currently have a VG SIPP which ideally I'd like to continue putting into.
The new perm role uses Standard Life contributing 5% and I'm to contribute 3% and it's an auto-enroll (unless one opts out I assume).
Surely it's more beneficial to keep paying out of my pocket now (rather than my Ltd. as previously done) to the SIPP rather than kick off a new pension.
That's as long as the company will pay into the SIPP.
How does one get the company to add to the SIPP and how do the govt pension additions work into this?
I'd have thought by starting a new pension alongside my SIPP it's not worth doing.
Has anyone had a similar issue?
Thanks in advance.
Comment