Calls For 'Opt Out' Clause

Published / Last Updated on 07/04/2003

Virgin Money have estimated that up to 2.4m workers in the UK could be missing out on valuable pension benefits because they have not joined their company scheme.  They say that many companies happily pay into pension schemes for their employees if they join, but many do not.  They have called for a change in the law so that people automatically join the scheme and that they have to sign a waiver if they do not wish to. 

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If your company offers a scheme go and find out what they will pay in if you join it.  Employer payments into a scheme for you is a free pay rise!  Do not ignore it.  Learn more about pensions in the Pensions Adviser.com.  Search for a pension for you in the Policy Compare, Search & Buy Section.  Need some help or advice?  Check out our Help Zone for all the different ways we can help you and offer advice.  Why not try our discount Ask An Adviser service starting from just £9.99?

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