Not convinced about joining? Some of these benefits might make you think otherwise:
Life cover
You may not want to think about it, but it's good to know your dependants would receive a sum of money if you were to die while still working and saving for your pension.
Support from the tax man
Contributing costs less than you might think. Anything you save for your pension receives tax relief. This means you'll only notice 80p coming out of your wage for every £1 you contribute (basic rate taxpayer).
Your choice!
If you've got some spare cash why not add it to your pension? It's up to you how much extra you save and you can change this to suit your needs.
Cash at retirement
You can take up to 25% of the money you have saved as a cash lump sum when you retire. This is paid free of tax under current tax rules.
Now are you tempted? Get in touch with your employer and request an Application Form.
