Finance Problems? Ask a Financial Expert Online.
Hello, I am Keith, one of the experts on Just Answer, and pleased to be able to help you with your question.
I would suggest that you would be better opting out of your new employer's scheme and putting the same amount as the contributions into another form of saving. Such things as ISAs spring to mind. Remember that the first 1K of deposit interest and 5K of dividends are now tax free.
I do hope that you have found my reply of assistance.