no idea really

rlilley66

I have two pension schemes both are from my time at Comet the prudential one is from 1998 my last available statement says it is a PROTECTED RIGHTS PENSION. Its transfer rights value is £28400 and is worth £2010 per year. My second pension is or was with standard lifeI have no info on this one post 2007. At 2007 it was worth £9861, it is called a group stakeholder pension plan and was worth £843 per year. Thats all I seem to have. What do I need to do next, phone standard life ? or am I ok just sitting here and doing nothing?

jem16

rlilley66 wrote: »

I have two pension schemes both are from my time at Comet the prudential one is from 1998 my last available statement says it is a PROTECTED RIGHTS PENSION. Its transfer rights value is £28400 and is worth £2010 per year.

That will be from contracting out from SERPS/S2P and not really anything to do with Comet.

When is your last statement from?

My second pension is or was with standard lifeI have no info on this one post 2007. At 2007 it was worth £9861, it is called a group stakeholder pension plan and was worth £843 per year. Thats all I seem to have. What do I need to do next, phone standard life ? or am I ok just sitting here and doing nothing?

Have you got a statement from Standard Life?

Question still remains - why did you not join the Comet DB ( ie final salary scheme) scheme?

rlilley66

The statement in 2007 is the last thing I have. Nothing since or so it would seem.

jamesd

Both the Prudential and Standard Life pensions will now be normal personal pensions that you can combine or transfer to any other personal pension, perhaps to make it easier to keep track.

The Prudential protected rights pension is no longer protected rights because the difference was eliminated in April 2012. Now it's just a normal personal pension pot. the protected rights limited what you could do with the money compared to ordinary pots so this is good news.

You should contact Prudential and ask whether there is a guaranteed annuity rate on it, a valuable benefit that would make it a bad idea to transfer it. Also ask how the money is invested and for a pointer to any other investment options available to you.

You should contact Standard Life for a statement. Same questions as for Prudential.

BR54

Take a look at this link.
https://www.duedil.com/director/9165.../directorships
Toby Whittaker has been a director of over 50 companies with the majority closing down after 2-4 yrs. The ones that are still active have a book value of over -£20million. That means the difference between assets and liabilities. They are collectively £21 million pounds in debt. Another 3 or 4 of his companies are about to go under as well as they have had a proposal to strike off this month.

One of his companies went under owing £100 millionpounds and Pannones solicitors were starting a law suit against them.
He was investigated by the HMRC last year and another company was investigated by the FSA.
Love to know where They get this £1 billion from!

Is that cows? is it pigs? ah no its Bull....t