Singletrack Mountain Bike Magazine

• Overview
• Bike Forum
• Chat Forum
• For Sale
• Wanted
• Forum Help
• Classified Rules

Chat Forum

1. mikey74 - Member

   I have just received a statement relating to a pension i use to pay into at an old job. Needless to say I no longer pay into it and now have my own private pension fund I pay into, calculated to give me a decent pension (supposedly) at my age of retirement.

   It is not enough to make of a long term difference and to be honest the money could come in handy for some ambitious plans I have been making.

   Any financial gurus out there who could give me some suggestions?

   Posted 8 months ago #
2. crikey - Member

   some ambitious plans I have been making.

   Is it......
   [DrEvil]
   ONE

   HUNDRED

   POUNDS?

   [/DrEvil]

   Posted 8 months ago #
3. wallop - Member

   I don't think you can take cash out of a pension, can you?

   Why not transfer it to a SIPP and have a play on the stockmarkets?

   Posted 8 months ago #
4. mikey74 - Member

   Maybe

   Posted 8 months ago #
5. mikey74 - Member

   Well that thought was what led me to ask the question wallop

   Posted 8 months ago #
6. matt_outandabout - Member

   This should answer any investment of pensions questions....
   

   Posted 8 months ago #
7. jonb - Member

   You might be able to take it out if you were only paying in for under 2 years.

   Might be worth contacting the company who holds the money and see.

   Posted 8 months ago #

RSS feed for this topic

Reply

You must log in to post.