I am looking at auto enrolment and wondering what actually happens to the money employers and employees pay into schemes, surely it can't just be held for years - Does the pensions theme invest it? is it in realty just another fund?
I was hoping someone could educate me on what actually happens and how that money is safeguarded?
Thanks
Adam
Replies (3)
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Invested as the individual directs into the funds offered by the particular scheme, e.g, here is link to Peoples
Autospell
Turn off that Autospell !!
Agree with DJKL - yoiu'll only find out from the scheme managers.
!!
Turn off that Autospell !!
Agree with DJKL - yoiu'll only find out from the scheme managers.
Turn on that Autospell! ;)