I've got a bit of a daft question and hoping someone can answer!
I pay in 5% and employer pays 3%, so the mandatory 8%. Not enough, given the half your age rule! What's the best way to go about contributing more? Should I ask my employer to bump up my contributions to, for example, 8%, and try and negotiate for them to increase theirs to 5%? Or should I just set up a monthly direct debit that comes out of my net pay? I know it's better to do it so it comes out pre-tax but my employer are pretty stingy sadly.
I pay in 5% and employer pays 3%, so the mandatory 8%. Not enough, given the half your age rule! What's the best way to go about contributing more? Should I ask my employer to bump up my contributions to, for example, 8%, and try and negotiate for them to increase theirs to 5%? Or should I just set up a monthly direct debit that comes out of my net pay? I know it's better to do it so it comes out pre-tax but my employer are pretty stingy sadly.