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Yoss

Pensions

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Don't know if any have or did opt out of SERPS, But as of this October you can now transfer your potected rights fund across to a SIP.

I intend to as the buggers that held my fund got horrific returns (pretty much 0% infact, not the 7% compond interest the sales bugger sold me back in the 80's), but worth looking into and getting advice if you have had a baddly performing fund manager.

You can write to your existing manager asking for details of benefits lost or fee's charged for transfering, but if they are as crap as the buggers I picked, then it really is a no brainer, now you can grab control of what is in the fund and move it across to a SIP.

Transfer forms are already available from most SIP providers, but I suggest getting advice from a DECENT! IFA before you do it as there can be some nasty surprises on transfer values etc.

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Don't know if any have or did opt out of SERPS, But as of this October you can now transfer your potected rights fund across to a SIP.

I intend to as the buggers that held my fund got horrific returns (pretty much 0% infact, not the 7% compond interest the sales bugger sold me back in the 80's), but worth looking into and getting advice if you have had a baddly performing fund manager.

You can write to your existing manager asking for details of benefits lost or fee's charged for transfering, but if they are as crap as the buggers I picked, then it really is a no brainer, now you can grab control of what is in the fund and move it across to a SIP.

Transfer forms are already available from most SIP providers, but I suggest getting advice from a DECENT! IFA before you do it as there can be some nasty surprises on transfer values etc.

Didn't know this. Thanks

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  • 396 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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