Hi
I'm pay into a LGPS 5.5% of my salary. I work part time.
I'm thinking of paying some of my salary each month into AVC's to boost my pension as I'm in my late 50's now. I'm also a sole trader earning just a small amount but enough to tip me into paying a bit of tax.
My local authority uses Standard Life and there are many options to choose from. The list is below. I looked on their website and have been looking on websites most of the day and I am none the wiser which one to choose! I'm now totally baffled.
Standard Life Global Equity Lifestyle
(either 100% of investment or can be split with With Profits One)
Standard Life Balanced Lifestyle
(either 100% of investment or can be split with With Profits One)
Standard Life Cautious Lifestyle
(either 100% of investment or can be split with With Profits One)
With Profits One – please specify
(this is the default fund and exit penalties may apply)
UK Equities – please specify
European Equities – please specify
North American Equities – please specify
Far East Equities – please specify
Overseas Equities – please specify
Bonds – please specify
Property – please specify
Cash – please specify
Specialist – please specify
If anyone has any suggestions I'd be very grateful.
Thank you