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Private Pension? Not sure what to do...

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  • awowen10
    awowen10 Posts: 25 Forumite
    Sixth Anniversary 10 Posts Combo Breaker
    awowen10 said:
    Thanks all. I think I'll seek advice from a local IFA on this.  :)
    Just be aware that until you have an investment pot of £50K , most IFA's will not be interested.
    Maybe you could pay them a one off fee for a consultation/ review but wouldn't be cheap and again might not be much interest .
    I guess that's fair.
    I'll call the pension advisory service tomorrow to ask for some advice about contributing more into my Nest :)
  • Dox
    Dox Posts: 3,116 Forumite
    1,000 Posts Third Anniversary Name Dropper
    awowen10 said:
    awowen10 said:
    Thanks all. I think I'll seek advice from a local IFA on this.  :)
    Just be aware that until you have an investment pot of £50K , most IFA's will not be interested.
    Maybe you could pay them a one off fee for a consultation/ review but wouldn't be cheap and again might not be much interest .
    I guess that's fair.
    I'll call the pension advisory service tomorrow to ask for some advice about contributing more into my Nest :)
    TPAS doesn't give financial advice, but it does give clear, helpful information, which is often all you need to help clear the fog.

    Good idea for your company to pay into your pension scheme, but bear in mind you can't access those funds for many years - and you have a new cost centre, who is only going to get more expensive for the next 20 years+ !
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