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( , Sun 1 Apr 2001, 1:00)
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Company pension from RR got arse-raped, private one got arse-raped, last employer sent me a notification that I couldn't leave my cash in that one and I had to find another.
I also could just blow it on a mid-life-crisis-type car I suppose.
( , Thu 15 Mar 2012, 16:10, 1 reply, 12 years ago)
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Very bad idea. No IFA worth their salt will touch them either and if it's execution only you can't complain.
Plus the companies that do it are based overseas so the FSCS doesn't apply.
( , Thu 15 Mar 2012, 16:11, Reply)
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But without anyone killing themselves unfortunately.
( , Thu 15 Mar 2012, 16:16, Reply)
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Or did they just close the DB section to new members, then close it completely and do a DB to DC transfer by way of an actuarial valuation of your preserved pension?
Do tell.
( , Thu 15 Mar 2012, 16:19, Reply)
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And I specialised in pensions in a previous role.
( , Thu 15 Mar 2012, 16:23, Reply)
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