| This
web site tries to demystify the fairly complex
world of UK pensions. |
| |
| Basic
Rules to buying a Pension |
| 1. |
It
is vital that you shop around because a pension
is one of the most important and probably
biggest purchases you'll ever make. |
| 2. |
The
key words are charges and flexibility. Check
what these are on any pension you're considering. |
| 3. |
Be
realistic about how much you should save and
how much you'll really need in retirement
e.g. for leisure, long term domestic help
(will you really still be doing DIY?) and,
even later on, nursing care. |
| |
|
| As with
any product, there are good buys and bad buys
in the pensions market. It all boils down
to avoiding the complete "no no's"
and knowing how to pick the right pension
for you from the best of the rest. |
| |
| If
you want to get a pension, the bottom line
is that we suggest you discuss your needs
with an IFA, He can advise you on the best
thing to do and come up with a tailor made
plan for you. We tell you how to go about
finding one. |
| |
