17:58, Sun 5th February 2012
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Stakeholder Pensions
Recent government legislation heralded the introduction of Stakeholder pensions, which are subject to certain regulations. These include an annual charge that must be no more than 1.5%, a minimum premium of £20, the ability to stop and start premiums with no penalty and the ability to switch providers without penalty. The introduction of Stakeholder pensions has meant that pension charges have been reduced throughout the pension industry and that the terms have improved greatly for the benefit of the consumer.
- Pension Service Brochure.pdf (1,058Kb)
If you have an old or frozen pension plan then you should have it reviewed by the qualified experts.
You may be able to:
- Increase the value of your pension
- Unlock your pension
- Consolidate your plans
- Save £thousands in pension charges
- Access better performing funds
- Release tax free cash from your plan
- Receive an immediate income
