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Post by Cheggy on Aug 7, 2014 11:11:41 GMT
So, just started paying into this at the required 1%+1% contributions and have just been informed that fees of 0.75% will be deducted.....
..... Robbing barstools!
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Post by baldgrimsbybiker on Aug 7, 2014 11:45:07 GMT
I`m 60 and told them that it wouldn`t be worth my while joining. After 5 years I would not be able to afford a week in Benidorn with what little I put in.
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Post by daz66 on Aug 7, 2014 12:01:16 GMT
It always bugged me that the guys selling the pensions had better suits, houses, cars and where all younger than me....and who was paying for all this?? ME
That's why I don't have a pension, just my houses!!
Robbing, dirty, thieving, BarStewards.........
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Post by baldgrimsbybiker on Aug 7, 2014 14:13:15 GMT
That's why I don't have a pension, just my houses!! ?? Houses?? - How many you got?? LOL |
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terryc
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Post by terryc on Aug 7, 2014 16:38:31 GMT
Hundreds he owns most of the south east  just joking its only 40 or 50  |
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Post by na44superdream on Aug 7, 2014 19:04:39 GMT
I take it that is 0.75% per annum of your total fund value or £75 per £10000 however you want to look at it.
My works AVC has got the annual charges down to 0.29% which is great, but my Stakeholder (built from a previous arrgt) has a charge of 1.2% PA. So 0.75% is not to bad.
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Post by mansell on Aug 8, 2014 7:03:13 GMT
I take it that is 0.75% per annum of your total fund value or £75 per £10000 however you want to look at it. My works AVC has got the annual charges down to 0.29% which is great, but my Stakeholder (built from a previous arrgt) has a charge of 1.2% PA. So 0.75% is not to bad. Yeah, what he said.... |
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Post by mansell on Aug 8, 2014 12:23:59 GMT
I thought fees on stakeholder pensions are capped at 1% ( Govt legislation?) either way if I pay £100 into my pension builder account my firm pays another £200. Which is free money. I'd be mad not to do it. Even after fees I'm quids in. Worth checking the details. New legislation means I don't have to take an annuity so I reckon on balance it's worth doing...
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Post by na44superdream on Aug 8, 2014 15:27:19 GMT
Your right the stakeholder is 1% for my transfer in and 0.8% for the regular subscription.
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just joking its only 40 or 50 
