We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
AIG pensions
Options

kirk1477
Posts: 1 Newbie
I currently have a ongoing personal pension with AIG which I've still got another 35 years before i retire.
Following the news that they are in trouble I'm trying to find out if my contributions are safe if they collaspe?
Can anyone help as cant find out anywhere on what protection/rights there are.
Following the news that they are in trouble I'm trying to find out if my contributions are safe if they collaspe?
Can anyone help as cant find out anywhere on what protection/rights there are.
0
Comments
-
The life and pensions limit applies to pensions. This is 100% of the first £2,000 plus 90% of the remainder of the claim.
If its unit linked, I wouldnt be overly concerned. If its with profits then I suggest you review it. Even then, you tend to find AIG are not that competitive so you could see this as the opportunity to review the plan against modern alternatives.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
This discussion has been closed.
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 351.1K Banking & Borrowing
- 253.2K Reduce Debt & Boost Income
- 453.6K Spending & Discounts
- 244.1K Work, Benefits & Business
- 599.1K Mortgages, Homes & Bills
- 177K Life & Family
- 257.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards