If you are new to pensions, first of all well done for taking control of your financial future! Having the courage and motivation to get to the starting blocks is often the most difficult thing when it comes to saving.
The earlier you start providing for your retirement the better a standard of living you are likely to enjoy in your twilight years. Pensions are the most tax efficient vehicle available to most savers because the government recognises the importance of the role of individual responsibility in the future stability of the nation. They therefore encourage pension savers through tax breaks and advantages.
It is important to speak to a financial adviser when looking at the right new pension for you. They will talk through about contributions, funds and which options will best suit you.