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should i remain contracted out or contracted in

13»

Comments

  • Deals_2
    Deals_2 Posts: 2,410 Forumite
    if self employed can i still do switches then? did not quite understand. thanks
    dunstonh wrote: »
    Scottish Life isnt a bad provider. They have quite a good fund range for a PPP on their current contract. If those same funds are available on your contract, then it may just be as simple as doing a fund switch.
  • dunstonh
    dunstonh Posts: 120,336 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    switches as in fund switches. If you are currently invested in funds which are no longer suitable or are not adequatly spread then switching funds is an option. i.e. if you are all in a balanced managed fund, then you should be able to switch into other funds such as UK equity, property etc.
    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.
  • Deals_2
    Deals_2 Posts: 2,410 Forumite
    do i just call them up and ask them that? i dont suppose one can cash in on the policy?
    dunstonh wrote: »
    switches as in fund switches. If you are currently invested in funds which are no longer suitable or are not adequatly spread then switching funds is an option. i.e. if you are all in a balanced managed fund, then you should be able to switch into other funds such as UK equity, property etc.
  • dunstonh
    dunstonh Posts: 120,336 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    you cannot cash in pensions. All you need to do is ask them what investment funds are available on your pension.
    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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