To confused to choose
Article Abstract:
Selecting a United Kingdom personal pension may appear difficult for a number of reasons. Government regulations may be confusing, and companies do not always present information in the clearest way possible, especially about charges. Flexibility over charges and a strong investment performance are the main factors that investors should look for. Some companies sell pensions directly and may offer low costs and clear charging structures, but they may be limited to tracker funds which may not be the best form of investment.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1998
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Personal pensions off the shelf
Article Abstract:
United Kingdom investors can obtain tax advantages if they use personal pension schemes. There is tax relief on contributions which is worth more to higher-rate tax payers, and the investment fund in a personal pension plan does not give rise to capital gains tax liabilities or liabilities for tax on dividend income. Personal pensions are portable and flexible, since savers can draw on funds without retiring, and can take 25% as a lump sum. Investors should ensure that they can take contribution holidays.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
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