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Stakeholder Pensions
Stakeholder
pensions are new low cost personal pensions that people can
take out to boost their income later in life.
Stakeholder
Pensions are low-charge, flexible and portable pensions that
allow you start by contributing as little as, say, £100 a month.
If you like, you can build up your contributions as you can
afford more.
If
you have not yet made any arrangements for a second pension,
a stakeholder pension may be the best option for you.
But
whether a stakeholder pension is right for you will depend
on your circumstances.
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Stakeholder
pensions are sometimes used to receive a transfer value
from other forms of pension arrangements that, are proving
expensive, or, not giving an acceptable degree of investment
performance.
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