Hi there,
I know very little about pensions so excuse my ignorance. I signed up to our company pension just over 3 years ago, i was putting in 5% and my company was putting in 5%. Since then my salary has been cut by 30%, bonus's are gone and the 5% contribution from my employer is gone. I am 34. I earn 60k per annum.
I would like to keep my pension going but allot of my colleagues have put there’s on hold. Is it worth paying into at the moment? Will I benefit any more by paying in now than someone who took a break if the markets shoot back? I am leaning towards putting it on hold as i could do with extra disposable income, but i am afraid i will miss out.
Thanks
D