Get on the phone for a simple, low-cost personal pension
Article Abstract:
The adverse publicity following the mis-selling of pensions may have put investors off personal pensions, but personal pension plans are still the best hope for investors hoping to saving enough for a comfortable old age. There is generous tax treatment of personal pensions, with up-front tax relief on contribution, and capital gains on investments within the pension fund are tax-free. Factors to consider when choosing a plan include investment performance, charges and flexibility.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1999
User Contributions:
Comment about this article or add new information about this topic:
European pensions: time bomb
Article Abstract:
The debt levels of some countries in Europe could rise by 100% due to the cost of state pension provision, according to Lloyds Bank's Patrick Foley. Italy, Germany and France are likely to face problems though the UK is not likely to be affected. Private pension provision is more common in the UK, state pensions are lower, and demographic factors are less problematic. Pensions could be made less generous and retirement ages could be raised to tackle this problem.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1996
User Contributions:
Comment about this article or add new information about this topic:
Self assured
Article Abstract:
United Kingdom self-invested personal pensions (Sipps) are appropriate for wealthy, sophisticated investors who have greater flexibility and control and do not have to pay hidden charges that may come with conventional pensions. These pensions have become popular with senior executives, the self employed, and professionals with high incomes. Sipps can help in delaying the purchase of an annuity, and they are suited to income drawdown because they are flexible.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Romancing the market: sex, shopping and subjective personal introspection. Reconsidering the classics: reader response to "Marketing Myopia"
- Abstracts: Evaluating the financial performance of pension funds: an individual investor's perspective. Institutional traders' behavior in an emerging stock market: empirical evidence on Polish pension fund investors
- Abstracts: Acquisitions to follow radical shift. Yule Catto. BTP
- Abstracts: Triplex gets personal. Tales from the horse's mouth
- Abstracts: The profit drivers. CA trio gives and gets credit. Making a splash for a good cause