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Extra pension payments to get tax back
Comments
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I noticed that you have a Nest Pension. My Daughter has recently asked me if she should add additional funds into small Nest Pension.
Please be aware that Nest charge 1.8% on any new contributions you make into the pension and then 0.3% on the total fund value. I told my Daughter to open a new personal pension with a different provider.0 -
The 1.8% is a pain, but 0.3% all in is pretty good for smaller amounts.Hal17 said:I noticed that you have a Nest Pension. My Daughter has recently asked me if she should add additional funds into small Nest Pension.
Please be aware that Nest charge 1.8% on any new contributions you make into the pension and then 0.3% on the total fund value. I told my Daughter to open a new personal pension with a different provider.
Remember that many pensions have separate charges for the pension administration ( platform charge) and the investment(s)
Just check carefully before changing.2
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