Absolutely, and there are many reasons why it can be worthwhile to have both. Just remember that the maximum you can contribute and still receive tax relief (the lower of 100% of your earnings, or the annual allowance of £60,000) applies across all the schemes you are a member of. If you’re contributing to multiple schemes, it’s your responsibility to keep track of this to make sure you’re not exceeding these limits.

For most people, employers contribute a minimum of 3% of your salary (with certain limits) to your pension, alongside the contributions you make. Sometimes an employer will offer to pay above this minimum to match or exceed the amount you contribute. In this case, people generally contribute to their workplace pensions before paying into other pensions. Opting out of your workplace scheme would mean you lose the contributions from your employer - it’s like turning down a pay rise.

While auto-enrolment has been a huge step forward, it’s unlikely that the minimum contributions made through your workplace pensions will be enough to retire on. An additional personal pension can help you to achieve a comfortable retirement and offer flexibility in the way you contribute towards it, including a range of investment options!