Pensions

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valpendleton
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Pensions

Post by valpendleton »

Good morning fellow framers. Can any of you recommend a private pension scheme for the self-employed, please ? One that preferably doesn't have massively hiked fees / charges.
Thanks in advance.
Framie
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Re: Pensions

Post by Framie »

put it under your floorboards it will be safe there
Anything Framed
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prospero
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Re: Pensions

Post by prospero »

Premium Bonds. :P
Watch Out. There's A Humphrey About
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Tim
Posts: 308
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Re: Pensions

Post by Tim »

I've never had so much spare cash that I'd have been willing to pay someone else to look after it for me.......
Youth and experience are no match for age and treachery...
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prospero
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Re: Pensions

Post by prospero »

I had a pp for years and paid about 200 a month into it. I got to the point of thinking about all the cash that I was pouring into it and what I could have done with it. :? So when I turned 50 I opted out - got a lump sum and a monthly payment which isn't a fortune. All pension companies do is invest the money for you. Why not invest it in a business that you have complete control over. Your own. :lol:
Watch Out. There's A Humphrey About
Kwik Picture Framing
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Re: Pensions

Post by Kwik Picture Framing »

I've always been a great believer of looking after your own money.. providing you have the self control not to spend it. ISAs are sometimes good, depending on the return, or buying shares or premium bonds. A pension company will take a cut, at least even if you only get a small amount of interest from wherever you invest you will get to keep it.
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