[etccarmageddon]

I dont see the point in putting money into a pension scheme - firstly it's taxed when you receive it so ignore the bull**** about it being tax free. Secondly, those who havent saved for retirement get better means tested funds from the state than those who have provided for themselves - so you get shafted for saving. you're probably not earning loads yet - so enjoy your money rather than let yourself be taken in by the great pensions con.

Go for a cash ISA - the funds you put in will be net of tax but income gained and funds you take out arent taxed. you can use this money for your first house as others have suggested.