Stakeholder pension

Retired_I.F.A.

Sorry Iljay I stand corrected.

DD.. 6 years ago at the age of 44 with enough income to not give a monkeys personally to changes in pensions law.:D

MoneyTown

Retired_I.F.A. wrote: »

Sorry Iljay I stand corrected.

DD.. 6 years ago at the age of 44 with enough income to not give a monkeys personally to changes in pensions law.:D

Hats off to you! I aspire to the same!

Iljay

Thanks for being helpful - it someone in the pensions industry who asked me to gift the child in this manner. Will serve him better than pocket money.
Lucky you to retire at 44

Iljay

dunstonh wrote: »

You can now. It happened after you retired.

Thanks for confirmation - Standard Life had confirmed I could do so.


Pensions will accept third party payments and you can be 1 day old to start one (via guardian or parent).

I was hoping you would comment on my choice of Standard life


dont pay for advice and dont go direct.

I will talk to HL and see what they have to offer

Retired_I.F.A.

Just though, My ex's parents asked how best they could save for my son when he was born and I said a tax exempt endowment done under a *deed of covenant. Tax relief going in tax evempt growth and the whole lot out tax free.

Silly !!!!!!s went and opened a Nat west account for him instead.

Ah well he still has all them pigs and they are worth a few bob

* It's no longer possible.

Dithering_Dad

Retired_I.F.A. wrote: »

Sorry Iljay I stand corrected.

DD.. 6 years ago at the age of 44 with enough income to not give a monkeys personally to changes in pensions law.:D

To be fair, I don't imagine that I'll bother keeping up to date with my industry once I've retired. In fact, I usually forget everything once I step into that lift each night at 16:30!

dunstonh

I will talk to HL and see what they have to offer

That will be about twice the cost of a stakeholder pension. So, make sure you utilise the features fully otherwise its an expensive folly.

Strange that you looked to HL as you were so concerned over costs.