We’ve covered this, but it bears repeating: employer pensions are great because with virtually no effort on your part you get to put pretax money to work. What this means is that since you haven’t paid taxes on the money yet, there’s more of it to compound over time. On top of this, your company might offer a very lucrative pension match, which amounts to free money that you’d be insane not to take. If it’s a final salary scheme, you don’t even have to worry about how well the stock market performs—your pension will be based on your salary, not investment performance.
