Can I use part of my Aegon pension to invest in Bitcoin for my future pension?

Malthusian

I have made it quite clear all I want to know is if what I ask can be done, nothing else.

Nope. Because you then went on to complain about how your pension was "being eaten away at", so people tried to explore that problem in the hope of offering solutions (more realistic solutions than hoping Bitcoin will get you rich quick). Your original question had already been answered by that point.

There's no point posting on an open forum and saying that people are only allowed to respond if they give you the answer you want to hear.

If you only wanted answers from true believers you could have asked r/Bitcoin or something. You would get a much narrower and less useful range of responses but it would still have included the correct answer to the question "can I invest a UK pension in Bitcoin".

Voyager2002

magpie1962 said:

It's not relative at all to what I am asking, cash, pensions, bonds or stock market, its  all subjective as to whether it is a good store of value. I have done my research and know what I would like to do, so can people please respect that.
So again for anyone who might actually know of a way, can I use my One retirement pension with Aergon to somehow invest my pot  in Bitcoin?

You have been given your answer very clearly: the regulations do not allow this. End of.

You then made the discussion a little broader by saying that this is wrong, the regulations need to change. Others have responded by explaining why this is a bad idea, at which point told them that they were going off topic. You were the one who moved it off topic.

A more relevant digression: you talk about your pension fund having been eaten away over a period when investments have done very well, so that just about any half-cut person could have invested a pension fund to get decent returns. Perhaps you should make a complaint to whoever is managing your pension fund. Or perhaps the collective wisdom of this forum could help find ways to invest it that are actually allowed and yet would provide satisfactory growth.

dunstonh

We are getting far closer to the point where Crypto is being accepted,

That is certainly the case but that has been the case for the last decade.

Bitcoin alone has near to half a Trillion market cap. 

And a good chunk of it is bent money.  That is one of the key reasons it is not getting approved for mainstream.

Like many others I am now watching my pension pot being eaten away at, I might as well just burn 10% per year as I watch inflation eat away at it,

Why is your pension doing that?  You should be seeing it grow by 5-10% a year.  if you are not getting that then there is something wrong.  You should have doubled your money in the last decade.  

So again for anyone who might actually know of a way, can I use my One retirement pension with Aergon to somehow invest my pot  in Bitcoin?

If it's in the One Retirement pension with Aegon then you pretty likely to never see anything close to cypto currency in that pension.

magpie1962

Malthusian said:

I have made it quite clear all I want to know is if what I ask can be done, nothing else.

Nope. Because you then went on to complain about how your pension was "being eaten away at", so people tried to explore that problem in the hope of offering solutions (more realistic solutions than hoping Bitcoin will get you rich quick). Your original question had already been answered by that point.

There's no point posting on an open forum and saying that people are only allowed to respond if they give you the answer you want to hear.

If you only wanted answers from true believers you could have asked r/Bitcoin or something. You would get a much narrower and less useful range of responses but it would still have included the correct answer to the question "can I invest a UK pension in Bitcoin".

For crying out loud.
1. I have not asked for your opinion on what you think of crypto currencies  or how you seem to know what I am thinking"get rich quick", how patronising and ignorant
2. I asked one simple question CAN IT BE DONE.
Nothing else
I don't want to hear opinions on "it being volatile, criminal money(which is **** I might add) and all the other cliches
Just can it be done.
And I have seen the post where ONE person said it cannot and has got upset that I don't just base my decisions on just one post, right or wrong. Please if nobody can assist me, and that includes evidence of why it cannot, then please can you just not say anything, I am not the slightest bit interested in anyones opinion of Bitcoin in this thread

magpie1962

Voyager2002 said:

magpie1962 said:

It's not relative at all to what I am asking, cash, pensions, bonds or stock market, its  all subjective as to whether it is a good store of value. I have done my research and know what I would like to do, so can people please respect that.
So again for anyone who might actually know of a way, can I use my One retirement pension with Aergon to somehow invest my pot  in Bitcoin?

You have been given your answer very clearly: the regulations do not allow this. End of.

You then made the discussion a little broader by saying that this is wrong, the regulations need to change. Others have responded by explaining why this is a bad idea, at which point told them that they were going off topic. You were the one who moved it off topic.

A more relevant digression: you talk about your pension fund having been eaten away over a period when investments have done very well, so that just about any half-cut person could have invested a pension fund to get decent returns. Perhaps you should make a complaint to whoever is managing your pension fund. Or perhaps the collective wisdom of this forum could help find ways to invest it that are actually allowed and yet would provide satisfactory growth.

I have noted your post, thanks for that

NottinghamKnight

magpie1962 said:

Malthusian said:

I have made it quite clear all I want to know is if what I ask can be done, nothing else.

Nope. Because you then went on to complain about how your pension was "being eaten away at", so people tried to explore that problem in the hope of offering solutions (more realistic solutions than hoping Bitcoin will get you rich quick). Your original question had already been answered by that point.

There's no point posting on an open forum and saying that people are only allowed to respond if they give you the answer you want to hear.

If you only wanted answers from true believers you could have asked r/Bitcoin or something. You would get a much narrower and less useful range of responses but it would still have included the correct answer to the question "can I invest a UK pension in Bitcoin".

For crying out loud.
1. I have not asked for your opinion on what you think of crypto currencies  or how you seem to know what I am thinking"get rich quick", how patronising and ignorant
2. I asked one simple question CAN IT BE DONE.
Nothing else
I don't want to hear opinions on "it being volatile, criminal money(which is **** I might add) and all the other cliches
Just can it be done.
And I have seen the post where ONE person said it cannot and has got upset that I don't just base my decisions on just one post, right or wrong. Please if nobody can assist me, and that includes evidence of why it cannot, then please can you just not say anything, I am not the slightest bit interested in anyones opinion of Bitcoin in this thread

No, it can't be done.

naedanger

magpie1962 said:

Malthusian said:

I have made it quite clear all I want to know is if what I ask can be done, nothing else.

Nope. Because you then went on to complain about how your pension was "being eaten away at", so people tried to explore that problem in the hope of offering solutions (more realistic solutions than hoping Bitcoin will get you rich quick). Your original question had already been answered by that point.

There's no point posting on an open forum and saying that people are only allowed to respond if they give you the answer you want to hear.

If you only wanted answers from true believers you could have asked r/Bitcoin or something. You would get a much narrower and less useful range of responses but it would still have included the correct answer to the question "can I invest a UK pension in Bitcoin".

For crying out loud.
1. I have not asked for your opinion on what you think of crypto currencies  or how you seem to know what I am thinking"get rich quick", how patronising and ignorant
2. I asked one simple question CAN IT BE DONE.
Nothing else
I don't want to hear opinions on "it being volatile, criminal money(which is **** I might add) and all the other cliches
Just can it be done.
And I have seen the post where ONE person said it cannot and has got upset that I don't just base my decisions on just one post, right or wrong. Please if nobody can assist me, and that includes evidence of why it cannot, then please can you just not say anything, I am not the slightest bit interested in anyones opinion of Bitcoin in this thread

I am interested in hearing other people's opinions. After hearing your opinion that an investment in Bitcoin will prevent, in a way that other investments won't, your fund being eroded by inflation I am interested in hearing if there is another side. 

[Deleted User]

This falls under the category “Oh, dear”. 

Albermarle

Please if nobody can assist me

I think this guy could help you out .

https://subscribe.fortuneandfreedom.com/X983WAUE/inv-go?gclid=CjwKCAiArIH_BRB2EiwALfbH1CUzjFGMJNrDtmgXf--khbKBvpu6ULfpBMEJLB9R-YTmPFb3kLA5exoC-WkQAvD_BwE

magpie1962

barnstar2077 said:

magpie1962 said:

barnstar2077 said:

I don't know if anyone can help me, but here goes.  I really like cheesecakes. I think most people do.  I bought a hundred of them last week because I know the price either goes up or down every Monday at my local supermarket.  I know, I know, it was a bit of a gamble, but it paid off.  The price went up!  I contacted my pension company on Tuesday proper sharpish, because I don't know what the price will be next week obviously, in order to pay them into my account.  They say they won't accept them.  I am furious.  I was on the phone for an hour.  The woman I spoke to even admitted that she buys cheesecakes herself, it is so frustrating.  Can someone advise if I have a case for legal action?

No time wasters please.

What is the point of that??
I just thought there might be a way of using something like Sipps to invest in a particular investment, what is wrong with that?
"cheesecake", what an idiot, if people don;t find you funny in real life they won't on here

If you don't know anything about cheesecakes please leave the replies to others.  I very politely asked for no time wasters. I grow closer to seething by the second.

Get a life troll
It's Christmas and this is what you are doing with your time