We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 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!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Which pension?
pete14789
Posts: 1 Newbie
I'm a director and own a limited company and want to setup a pension for myself, I only want a savings pension with no risk, please could someone point me in the right direction, thank you in advance.
0
Comments
-
pension with no risk,
I don't think there is any such animal. Have you tried an IFA?
http://www.money.co.uk/article/1005407-the-secret-to-finding-an-ifa-you-can-trust-with-your-money.htm0 -
Exactly right. A pension with no investment risk will be highly exposed to inflation risk. There's no way to ever eliminate risk altogether, it's all about finding the right level for each individual saver.I don't think there is any such animal. Have you tried an IFA?
http://www.money.co.uk/article/1005407-the-secret-to-finding-an-ifa-you-can-trust-with-your-money.htmI am a Chartered Financial Planner
Anything I say on the forum is for discussion purposes only and should not be construed as personal financial advice. It is vitally important to do your own research before acting on information gathered from any users on this forum.0 -
I only want a savings pension with no risk
No such thing exists. Your post would indicate that you are looking for no investment risk but are then replacing it with greater inflation risk and shortfall risk. Unless you are in your final few years, those risks could well be greater than investment risk.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
- 354.3K Banking & Borrowing
- 254.4K Reduce Debt & Boost Income
- 455.4K Spending & Discounts
- 247.3K Work, Benefits & Business
- 604K Mortgages, Homes & Bills
- 178.4K Life & Family
- 261.5K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards