Re: Pension transfer no advice basis
- From: john boyle <john@xxxxxxxxxxxxxxxxxxxxxx>
- Date: Mon, 27 Feb 2006 19:42:15 +0000
In message <440338dc$1_1@xxxxxxxxxxxxxxxxxxxxxxxxxxxxx>, Pete <Pete@xxxxxxxxxxxx> writes
"john boyle" <john@xxxxxxxxxxxxxxxxxxxxxx> wrote in message
news:+Svi3$DowkAEFwt7@xxxxxxxxxxxxxxxxxxxxxxxxx
Transferring from a well performing fund to a poorly performing one?
--
John Boyle
Thanks for your response John. I don't know enough about pensions to answer
that one. The current fund is a paid up Group Personal Pension through
Scottish Equitable, I left the employer within a couple of years of joining
the scheme. I have opened a L&G Stakeholder pension. When I looked into
this the charges were lower in the L&G stakeholder, plus of course it is
more flexible, and as I do not have a permanent contract of employment that
appeals to me.
Charges are important in Pensions, but if the underlying fund is cheap, it does not necessarily mean its a good performer. Try and find out which fund you are invested in with Scottish Equitable and compare its performance with L&G Stakeholder Funds.
--
John Boyle
.
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