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Pension Scheme advice

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  • dunroving
    dunroving Posts: 1,903 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    masscrazy wrote: »
    Thank you bowlhead99 for the explanation it makes alot of sense. I suppose I should think of it as a long term investment which I will see benefit of in a long long time. And will I even get to see it.

    Am I right to assume this is pretty safe? Could there be an instance where Standard Life go under and all the money with them is lost?

    @Atush - what is BTL...



    BTL = Buy-To-Let property. (or as it turned out for me, Buy Toilet Property).
    (Nearly) dunroving
  • atush
    atush Posts: 18,731 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    I wish they'd give us the sticky back lol.

    you mentioned being taxed on property income= buy to let?
  • masscrazy
    masscrazy Posts: 144 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    dunroving wrote: »
    BTL = Buy-To-Let property. (or as it turned out for me, Buy Toilet Property).

    HAHHAHA
    atush wrote: »
    I wish they'd give us the sticky back lol.

    you mentioned being taxed on property income= buy to let?

    Cool got, yes I have BTL.

    So tax people take a estimated amount of income of the current financial year or something and its affecting my non-taxable allowance.
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