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little pension schemes + the fortcoming legislation (6th april) ?

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Comments

  • EdInvestor
    EdInvestor Posts: 15,749 Forumite
    Hi marie

    You need to post details about your pensions for a view

    Final salary, defined contribution or group personal pension?
    If the latter two, which provider, and invested in which funds?What annual charges payable?
    Transfer value of each pension

    For a start.:)
    Trying to keep it simple...;)
  • Tahiti
    Tahiti Posts: 446 Forumite
    It's just that increasing regulation probably means that your pension is safer now than at any time in the past

    I agree with this. The PPF (Pension Protection Fund) for instance appears to be a god send for anyone in a final salary scheme who is nearing retirement with an unstable employer/ex employer. I personally think it's a time bomb long term, and anyone below say 40 is VERY unlikely to get the 90% "guarantee" that is in place now should their scheme go under the PPF, but those who are a bit older will be luckier.

    Note this is just my point of view rather than fact.
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