expedite_climb wrote:
you will retire on a "pensionable" of almost £120K (todays figures).........
The problem with that is that that high pensionable salary at the end is of naff all use to you. You have no years left to let compound interest work it's magic.
Different when under final salary it's your two best years that determine your pension.
That's not to say £120k is not good, it's very good but for a money purchase pension to be any good you need shed loads to be going in from the beginning.