We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Pensions
aayush
Posts: 1,295 Forumite
Hi
I am about to transfer 2 policy to Scottish widows
And wish to ask should ask for the drawdown scheme as will take the 25% from the 2 policy and from the policy already held with Halifax which will then transfer to Sctiosh widows thus leave balance to reinvest as not reach retirement age yet thus 3 policy become 1 and Scottish widows ren invest for me the balance
Is anyone aware if they invest in far east markets? as nothing is for sure at present
I am about to transfer 2 policy to Scottish widows
And wish to ask should ask for the drawdown scheme as will take the 25% from the 2 policy and from the policy already held with Halifax which will then transfer to Sctiosh widows thus leave balance to reinvest as not reach retirement age yet thus 3 policy become 1 and Scottish widows ren invest for me the balance
Is anyone aware if they invest in far east markets? as nothing is for sure at present
0
Comments
-
Scottish widows offer a range of choices for investment so I would expect you can choose to have some in Far East investmentsI’m a Senior Forum Ambassador and I support the Forum Team on the Pensions, Annuities & Retirement Planning, Loans
& Credit Cards boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com.
All views are my own and not the official line of MoneySavingExpert.1 -
And wish to ask should ask for the drawdown scheme as will take the 25% from the 2 policy and from the policy already held with Halifax which will then transfer to Sctiosh widows thus leave balance to reinvest as not reach retirement age yet thus 3 policy become 1 and Scottish widows ren invest for me the balanceMost SW pensions do not support income drawdown. They have a current product that does but its not great in my opinion. Do your SW plans support income drawdown.Is anyone aware if they invest in far east markets?They have Asia Pacific funds available on most of their unit linked pension versions. Most of their versions are limited in fund choice. So, the range of Asia pacific funds may only be one fund and likely to be internal. Although over the years they have had some with a couple of Asia Pacific funds. SW is not the brand it used to be in my opinion and its individual pension products are dated compared to modern alternatives. I think it has been the best part of 15 years since I last used SW for pensions.
I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.2
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.2K Banking & Borrowing
- 254.4K Reduce Debt & Boost Income
- 455.3K Spending & Discounts
- 247.2K Work, Benefits & Business
- 603.9K Mortgages, Homes & Bills
- 178.4K Life & Family
- 261.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards
