stakeholder pension advice please

sashacat · 23 January 2006 at 9:26PM

I would like to open a stakeholder pension for my daughter but would like to know.....can I open it for her or does the person have to do it themselves....she is aged 28?
Is there a salary cut off above which you can't have a stakeholder pension....she earns over £50,000 but has no company scheme ? She does have lots of other investments but has changed job a lot and is never there long enough to go into the pension

I know she should have a pension on her salary and ,yes she should do it herself...but she hasn't and isn't likely to
I'd be grateful for any advice

dunstonh · 23 January 2006 at 9:40PM

She has to sign the application. Money laundering verification requirements would need to be done on her as well. Its only minors where you can sign on their behalf

£50k with no occ scheme and age 28 would most likely favour personal pension than stakeholder but it really depends on the amount being paid in.

stakeholder pension advice please

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