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Thread: Pensions

  1. #1
    Members Tim Over Whelmed's Avatar
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    Jul 2007
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    Pensions


    0 Not allowed!
    Let's just say, for instance, a "friend" of mine was 55 years old this year. Say he was also getting bombarded with companies (IFAs) who want to give him advice on what to do next, is this because of the new rules on pensions or are they are trying to cash in on something or is there a very real need to do something?

    I ask because "he" doesn't use an IFA, he, my "friend", knows anyone would be crazy to cash a pension at the moment given the state of the markets and he doesn't want to do anything with pensions for at least 10 years.

    It seems like the new scam to fleece ... my friend!

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