A shipshape plan
Article Abstract:
Those making contributions to a personal pension should be aware that a managed fund is likely to produce better returns than a with-profit fund. However, care should be taken to ensure that before the policyholder reaches 60 the gains made up to that time are locked in. It is worthwhile obtaining a Retirement Pensions Forecast from the Benefits Agency to check entitlement to the basic state pension. There may also be some entitlement under the State Earnings Related Pension Scheme and the old Graduated Scheme.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1998
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Making allowances for retirement
Article Abstract:
Those saving for retirement should make full use of their Personal Equity Plan allowances for the present tax year. This will allow them to invest 6,000 pounds sterling and benefit from tax-efficient growth over a five-year period. Most investment managers regard Europe as a strong growth area at present, and it is therefore advisable to have a European product such as the Invesco European growth Personal Equity Plan in your investment portfolio.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1998
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