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Author Pensions
Sam
Moderator
Premium Member


Registered: 24th Dec 99
Location: West Midlands
User status: Offline
20th Apr 11 at 20:55   View User's Profile U2U Member Reply With Quote

I have a pension with Standard Life which was arranged through a company I used to work for 8 years ago.

I have been a director of a company for the past few months and before that self employed for just under 3 years.

Is it possible to carry on paying into said pension, and if so how do I go about doing this - does this need to be arranged through my company or can I do it on a personal level?

At the moment I will only get about £46 a year from it when I retire so obviously I would like to start paying into it from now...
Colin
Member

Registered: 4th Apr 02
User status: Offline
20th Apr 11 at 21:35   View User's Profile U2U Member Reply With Quote

How long were you paying into it for & how much for it to be worth 46 quid a year??

I'm not sold on stand alone pensions, I get a non contributory pension with my work but I wouldnt have a private one I dont think, heard too many bad things about them.
Sam
Moderator
Premium Member


Registered: 24th Dec 99
Location: West Midlands
User status: Offline
21st Apr 11 at 07:40   View User's Profile U2U Member Reply With Quote

I was only at the company for less than a year!
James
Member

Registered: 1st Jun 02
Location: Surrey
User status: Offline
21st Apr 11 at 08:59   View User's Profile U2U Member Reply With Quote

Get a SIPP:

http://en.wikipedia.org/wiki/Self-invested_personal_pension

 
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