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Lloyds Banking Group SmartSaver Pension
Comments
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SomersetSaver wrote: »It is most likely to be invested in a Scottish Widows scheme.
Dont think its SWidows
SomersetSaver wrote: »PS if you go to the Forms and Documents section, there are all the factsheets listed for the funds so if you do want to know you should be able to dig it out from there. HTH
Ah thank you will have a look now
Procrastinator333 wrote: »Join this at the full 5% personal contribution rate. They pay in another 13%! You may not realise it for many years, but joining this and sticking with it will be one of if not the best financial decision you ever make. Bite their hand off!
Thank you for advice
Can I find out my credit score?You do not have a single credit score or rating. Different organisations take different information into account when working out your credit score and may have different scores for different products. (Kindly from Experian)0 -
gadgetmind wrote: »Pretty much, yes, but that doesn't mean you should kick back and have a passive approach to all of this. Ask questions about underlying investments and fees even if it's just so that you get into the habit of always doing this.
I doubt there is anyone here who wouldn't admit to trusting others a wee bit too much during our early investing years. Of course, this perhaps means that we now don't trust anyone other than ourselves.
Here is a recent citywire article regards who investors do and don't trust.
http://!!!!!!!.com/6zwkoyy
P.S. This forum has made a big fat mess of that link. The !!!!! should be tiny url without the space
Couldnt get link to work ? Could you re post pleaseCan I find out my credit score?You do not have a single credit score or rating. Different organisations take different information into account when working out your credit score and may have different scores for different products. (Kindly from Experian)0 -
This forum seems to hate links. Go to tiny url dot com and put 6zwkoyy on the end.I am not a financial adviser and neither do I play one on television. I might occasionally give bad advice but at least it's free.
Like all religions, the Faith of the Invisible Pink Unicorns is based upon both logic and faith. We have faith that they are pink; we logically know that they are invisible because we can't see them.0 -
SomersetSaver wrote: »PS if you go to the Forms and Documents section, there are all the factsheets listed for the funds so if you do want to know you should be able to dig it out from there. HTH
Just had a look its not update its still talking about the Your Tomorrow plan which is the old plan not the new SmartSaver but you are right the Your Tomorrow plan was through Scottish Widows so am guessing at the moment the new SmartSaver plan will be too, need to find out!Can I find out my credit score?You do not have a single credit score or rating. Different organisations take different information into account when working out your credit score and may have different scores for different products. (Kindly from Experian)0 -
gadgetmind wrote: »This forum seems to hate links. Go to tiny url dot com and put 6zwkoyy on the end.
Haha thanks il give it ago and have a read upCan I find out my credit score?You do not have a single credit score or rating. Different organisations take different information into account when working out your credit score and may have different scores for different products. (Kindly from Experian)0 -
How does the schemes contribution rates compare with other employers?0
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KirbyBirch wrote: »Just had a look its not update its still talking about the Your Tomorrow plan which is the old plan not the new SmartSaver but you are right the Your Tomorrow plan was through Scottish Widows so am guessing at the moment the new SmartSaver plan will be too, need to find out!
Although Im wrong in what I said above !
Completely confused need a bit of advice please. Am looking at the new joiner form and think am going to go with Lifeplan as I have no knowledge of funds stated on page 4.
However I am confused on page 3 section d1 which to choose god nos how I know which is best from reading this nor do I know when I want to retire and do I also need to fill out page 3 section d3 as well. Hope it makes sense, feeling useless right about now :rotfl:Can I find out my credit score?You do not have a single credit score or rating. Different organisations take different information into account when working out your credit score and may have different scores for different products. (Kindly from Experian)0 -
How does the schemes contribution rates compare with other employers?
It seems fairly generous to me. My employer has a lower "match rate", which means we need to put more in, but a higher cap of 7% employer contribs. They also chip in some of the 13.8% employer's NI savings, which bulks up my contribution.
[later]
I just had a look at that form. 13% employer contribs is *very* good. Regards all the other stuff, it's a big sea of marketing bullcrap names, and tells me little about what's actually going on. However, all you need to worry about is what you're investing in now; retirement age, and how the funds are moved as you approach it, can be tweaked at your leisure over the decades.I am not a financial adviser and neither do I play one on television. I might occasionally give bad advice but at least it's free.
Like all religions, the Faith of the Invisible Pink Unicorns is based upon both logic and faith. We have faith that they are pink; we logically know that they are invisible because we can't see them.0 -
gadgetmind wrote: »I just had a look at that form. 13% employer contribs is *very* good. Regards all the other stuff, it's a big sea of marketing bullcrap names, and tells me little about what's actually going on. However, all you need to worry about is what you're investing in now; retirement age, and how the funds are moved as you approach it, can be tweaked at your leisure over the decades.
Thank you think I will get it filled out and hope its the best options :rotfl:retirement age shall I just pop down say 65 ? Really arent bothered at this stage in life...Can I find out my credit score?You do not have a single credit score or rating. Different organisations take different information into account when working out your credit score and may have different scores for different products. (Kindly from Experian)0 -
Retirement age on these forms was discussed hereabouts a while ago. It serves two purposes, 1) To allow your investments to be automatically moved into less volatile funds as you approach retirement age, 2) To let the pension company know when to send you a form to try and get you to go with their own crappy annuity.
I've got a variety of ages down on my various pension and even at close to 50 it's not making any difference to anything.
It must be said, I wish I'd had such a generous pension scheme to invest in at your age!I am not a financial adviser and neither do I play one on television. I might occasionally give bad advice but at least it's free.
Like all religions, the Faith of the Invisible Pink Unicorns is based upon both logic and faith. We have faith that they are pink; we logically know that they are invisible because we can't see them.0
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