Using Hargreaves Lansdown for your pensions investment vehicle is an excellent way to plan for the future. They offer a SIPP scheme which can be set up by your employer to send an automatic pre-tax payment to your SIPP each month.

You can manage your account online by researching and buying funds as well as keeping an eye on your portfolio on your mobile, via the Hargreaves Lansdown iPhone or Android Apps.

When you set up your SIPP make sure that you select the cash only investment saving plan to begin with, otherwise your account will begin investing in a Hargreaves Lansdown chosen default fund. The default fund should in theory get you a return as it will be part of the Hargreaves Lansdown Wealth 150, however, in today’s volatile market place you never know what may happen! The best tip would be to stick with cash only saving until you have built up a suitable investment pot and spent time learning about fund investment.

Hargreaves Lansdown also have an excellent pension calculator to work out what you will gain when you retire based on your individual savings.

Start planning your future Today!