Robw54
Member
- Location
- derbyshire
Scandal in the next 2 years they've been one for years. look at the collapses of a couple of private funds that were supposed to be safe
Dads was supposed to pay sum at 60, at 70 it's still not worth that amount. Gordon browns raid plus the fact a lot of these companies were strokers means a lot of people have lost loads
I still have a pension, I just hope it's worth something in 30yrs
No doubt some serious mis-selling and high fees in the past left a lot wanting and you used to be forced to buy an annuity.
If you own a stocks and shares ISA a modern defined contribution pension make up is no different and fees be 0.5% or less.
You can pass a pot down to the next gen now tax free until 75 and they can draw an income from it.
You can even use it to purchase farm land.