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Should I spend my p...
 

[Closed] Should I spend my pension?

Posts: 45
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I just received a letter today from the pension scheme of the company I've just left saying they're going to increase my charges by 0.2% unless I continue to make contributions - a good reason to move my money!


 
Posted : 13/03/2014 9:42 am
Posts: 919
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Ethical pensions ! FFS. Its money we are talking about.

When you have been sat in your soiled nappy for most of the day in a badly run old peoples home wating for some foreign underpaid nurse to sort you out - your earlier decision to choose a pension because it was "nice" may then seem to be stupid.

I want my pension to make the most possible money it can. Drugs, guns and prostitues - I will be way too old and skint to care.

I want to have posh nappies while I dribble away the rest of my years in an old peoples home.


 
Posted : 13/03/2014 10:02 am
Posts: 6681
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Ethical pensions ! FFS. Its money we are talking about.

Pensions are looked after by the evil bankers dontcha know.


 
Posted : 13/03/2014 11:22 am
Posts: 13594
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Pensions are looked after by the evil bankers dontcha know.

Depends, if you go for SIPP (Self Invested Pension Plan) you can choose who to invest in.


 
Posted : 13/03/2014 11:25 am
Posts: 1622
Full Member
 

Someone may have said this already, but may be worth combining the smaller pensions to spread fees

I had a poxy little one which would have been eroded to naff all by fees as there was a fixed element to the fees


 
Posted : 13/03/2014 2:46 pm
Posts: 13594
Free Member
 

Well I just got a letter back from Scottish Widows telling me my pension has been transferred into a Hargreaves Lansdown SIPP.

Pretty quick considering I only sent the form off last Friday..


 
Posted : 28/03/2014 8:06 pm
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