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Pensions - yay or nay?

uf353432 · 2005-12-14 19:01:15

I have a private company pension and the company pay into it the same as I contribute - lucky old me. Hubby has a basic stakeholder pension which we pay £100 per month into, both of us are early thirties and have been paying into pensions for a number of years. Hubby got a predictive statement of what his pension will be…

Comments

dunstonh Posts: 121,282 Forumite

26 December 2005 at 10:55PM

And as has been shown before, the annuity purchase with tax paid can still beat an ISA with no tax taken. Not disagreeing with you but its not always clear cut. By the time childrens tax/working tax credits are also taken into account and the increased personal allowance at age 65 and 75, having some pension income is desirable to that point.

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.

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