RealCool.BIZ Forum Index
 
Log in: Username: Password:
Search forums for:
  
The time now is 10/07/08 - 20:15

Thinking of cancelling my pension


RealCool.BIZ Forum Index -> Finance -> Retirement Planning & Pensions

Post new topic   Reply to topic
Author Message
rainer
Apprentice


Joined: 06 Aug 2005
Posts: 7



PostPosted: 10/15/07 - 10:16    Post subject: Reply with quote

With all the uncertainties about pensions which are all over the press, I am no longer sure that having a pension is the right thing for me. I have a stakeholder, for about 5 years now, but I am seriously thinking about shutting it down and investing the money in some other way. Your comments are welcome. Thank you.
Back to top
denice
Apprentice


Joined: 03 Jun 2004
Posts: 18



PostPosted: 11/08/07 - 22:25    Post subject: Reply with quote

That is quite a big, serious step to undertake, and you should certainly not take this lightly. I would lean more towards advising you NOT to do this, even though I dont even know what kind of stakeholder you have exactly. Yes, your contributions might increase in the future as well as are conditions imposed on the scheme. But this will apply to everyone and you will still need a pension.
Back to top
Display posts from previous:   
Post new topic   Reply to topic All times are GMT

RealCool.BIZ Forum Index -> Finance -> Retirement Planning & Pensions

Page 1 of 1

Related topics:
Thinking of moving! What about my pension?
I'm thinking about renting out a spare room
Thinking about going into currency trading!
Thinking about the equity loan?
Thinking up of business ideas "HELP"
Cancelling Credit Cards?
I have problems cancelling my credit card
Do I lose cash accumulation value by cancelling the whole life insurance?
When will public sector pensions crash?
I need pension advice
How can you get a pension relief?
Company Pension vs Private?
Online Pension Calculators?
I have basic pension and ten ys to retirement. What can I do?
pension after divorce?
Pension Refund
Occupational Pensions?
Pension comparisons?
Self Employed and Pension Schemes?
Are pensions a good choice?
pension scheme or more pay today
Looking for an advice on State Pension!
Suspending pension payment?
Any tax relief on pensions?
reducing pension to overpay mortgage?
Setting up a pension?
Provision for pension contributions
Pensions for foreign workers?
Getting a second pension
redundant pension?
Pension options when you go bankrupt?
Saving for pensioners options
Pension payments question
Can you transfer NHS Pension to another pension scheme?
Company Pension contributions question
How long do you have to defer your state pension to get a lump sum?
How much tax relief on pension contributions?
a pensioner in a need of mortgage!
Can you stop claiming your state pension after having it claimed for a while?
Is Stakeholder Pension a smart move?
What are the options with State Pension Deferral?
Benefits of private pensions?
How much is everybody paying into their pensions?
Can you transfer your pension?
What are pension options for self emplyed?
What are benefits of deferring your state pension?
Life insurance with NHS Pension?
What type of pension do I choose?
starting a pension when in debt?
Pros and cons of NHS Pension Scheme?
Unlocking my pension?
How much to pay into a pension?
Standard Life Pensions
Getting a lump sum payment after deferring your state pension
Can you earn extra State Pension with State Pension Deferral?
What is the best current pension?
Would you rather invest in a pension or save money?
Who's entitled to Stakeholder Pensions?
Pension options?
Starting a pension for your children?
Can you increase their contributions to NHS Pension?
Is having a pension smart thing to have?
State Pension Shortfalls?
Capital Gains for a Pensioner?
Do I need a pension if I'm self employed?
45 without a pension
Pension options-Who gets tax reliefs
Pension payment info
Problems with pension transfer!
Ltd company and pensions question
Is it better to pay off mortgage or increase pension contributions?
Rules of pensions?
Can you reclaim pension contributions when leaving work?
Any earnings for Pension tax relief?
Why starting a pension?
How to propose changes to pension?
How to menage my pension to be able to invest it?
What's the maximum Pension Contribution percentage?
Could I invest rental income in pension?
How to regulate a self-administered pension plan?
Is it wise to switch to high risk pension?
Is Transfer between personal pensions possible?
Employer Pension Contributions question
How to seek better company pension?
How do Group Company Pensions Function?
Is it possible to cancel my pension?
Can you take money out from your pension funds?
Need advice on transferring old pension!
minimum pension guarantees
Can an employer trick you with final salary pension
What would be the best investments for pensioner couples?
Are there pension plans that are non-insured?
Life insurance products guaranteeing a pension plan
Is a defined benefit plan a good pension plan?
Did your employer offer you a pension scheme?
How many pension plans are there?
Best Current Account for pensioners?
NHS Pension Scheme?
Nest egg and pension plans
How large can death benefit can be in compare with annuitants pension?
Can I change my pension plan?
When do you plan to go to pension?
Anybody lost a pension?
How to know how much I need for pension?
Teachers' Pension Scheme
What will happen if I don't have money for pension?
Early Retirement and Pensions?
Projected benefit obligation in pension plans
About State Pension
Life insurance facts in a pension plan
Creating a good pension plan
What is the relation of PBO and a pension plan?
Can company keep your pension?
Is it possible to loose a pension?
What are pension choices for self-employed?
IS Self-Invested Personal Pension (SIPP) a good choice?
Can I cancel a pension?
Your opinion about a pretirement pension?
Is defined benefit plan better then other pension funds?