Chezman:
[… I’ve been driving for different people for around 30 yrs and never got into any pensions so now at 54 looking into getting into something that I can put money away for later on…
I wish you the best for your endeavour but, as has already been stated, you may well have left it far to late to start building up a decent private pension. At 54 I cant begin to imagine how much you would need to invest annually to give a “reasonable” private pension! Assuming you want to retire at 65 (nominally) and you would like a pension of £15-20k PA then the contributions would be massive! And those contributions would be coming out of your earnings which as a start up O/D would more than likely just not be there!
To run your business, service any debts, earn a living wage AND make huge pension contributions may well be unachievable! I may be wrong but what you are looking at is huge! Good luck anyway though. 