28th March 2006, 07:07 PM
It is a legal requirement of companies to provide a stakeholder pension.
However, there are many ways out of it... One archaeology company I know of (verging into the midlands and mentioned on BAJR before) extradited themselves from the pension debate by issuing a memo to all staff stating that a stakeholder pension was available, giving a number for staff to call - in their own time - but also suggesting that it wasn't really worth it! The memo also suggested 'buying property' as a true alternative to a pension....
Probably very good advice....
But hey, as archaeologists we are all used to living in poverty
However, there are many ways out of it... One archaeology company I know of (verging into the midlands and mentioned on BAJR before) extradited themselves from the pension debate by issuing a memo to all staff stating that a stakeholder pension was available, giving a number for staff to call - in their own time - but also suggesting that it wasn't really worth it! The memo also suggested 'buying property' as a true alternative to a pension....
Probably very good advice....
But hey, as archaeologists we are all used to living in poverty