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Private Pension - 2 Change or not 2 Change
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Plyo
Posts: 1 Newbie
Can anyone lend a hand please, I have a private pension with the CIS and it looks like there are about to hit the skids, can anyone recommend another pension provider. Cheers
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looks like there are about to hit the skids
On what grounds have you come by that opinion?can anyone recommend another pension provider.
No. We can of course list a range of pension providers but there is no guarantee that one of them will be better than what you have.
Plus, certain providers are better at different things. Some have better fund ranges, others have lower charges, some are priced cheaply for long terms but expensive for short terms. There are basic versions and experienced investor versions.
I have reviewed many CIS pensions over the years and some of their plans have guarantees on them which make transfer impossible to justify. So, that brings me back to the first point. What is it that you have heard that makes you think that CIS are about to go insolvent?I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0
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