Silverhairs dating

Posted by / 07-Sep-2019 23:24

Wisely invested, such pension funds (including the National Insurance surplus*) should be overflowing like a cornucopia !

Could it be that companies, particularly those sailing close to the financial wind, have found such funds to be a cheap way to find cash ?

After all, they will already have to pick up the pieces of the decision to let people splurge their pension pots.

I say again, the worst political decision of the century - so far.

If Google allows the placement of any adverts on this site which suggest taking cash from your pension BEFORE the age of 55 please let me know and do not click on them. Annuities, drawdown, retirement options, pension calculator, SIIPs What happened to folk who opted to invest their pension pot in 2015, when that became possible ?

It must have been worrying, initially, as the markets fell almost immediately after but have recovered since.

Again, please keep their identity a secret Click on the "Continue" button search with your zip/postal code.

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The Pensions Regulator, which oversees workplace schemes, will argue at the High Court that "pension liberation" schemes for under 55s should be declared illegal.

Currently, liberation schemes are seen as vehicles that cause pension savers to break tax rules, rather than illegal.

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If someone put 100,000 in stocks and shares in 2015 and decided to cash in 4% per annum, after the initial fall the extra punch of shares exposure helped these pots recover when markets rallied by the end of the two years, to 105,475, so they would have done better than if they had bought an annuity (and would still have their capital intact).

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