Archive for August, 2009

Abbey Life Pension Holders | April Deadline Looms |

For Abbey Life Pension holders the date of the 6th
April 2010 has even more significance as the minimum age you can draw your Pension is increasing.

I have already covered many of the issues in relation to Abbey and a few other providers here Abbey Life Pension.

The Pension Age is increasing with effect from April of next year 2010 which means that you could be locked into a Poor Performing/High Charging Pension for a lot longer, unless of course you start to consider your options beforehand.

The reality of the situation is this:-

If you act soon you could be drawing benefits before age 55.

You could be looking at owning a Low Charging, Better Performing Pension Plan rather than the poor value Abbey Life
Pension (there are others).

You will have a good deal more flexibility with a more modern Pension Contract.

The action you need to take is to call on 0845 226 9106 – ask for Richard Smith – the Abbey Life Pensions expert who is also an
Independent Financial Expert and I will give you some further guidance.

Please don’t leave it until April!

Richard Smith

0845  226 9106

Related Links

A list of Poor Performing Pension Contracts (Abbey Life Pensions, Scottish
Provident Pensions, Scottish Mutual Pensions
)

Pension Alternatives (Property as as a Pension Services)

High Charging Pensions (e.g Allied Dunbar Pensions, Abbey
Life, Self Invested Pensions
)

EU Rebate – Farce

Something you might want to take up with your MP over the coming few months is the issue of the reduction of our E U Contribution Rebate which is said to be worth at least £257 per British Household.

You may remember this, part agreed because of the Common Agricultural Policy (CAP) as it was argued that as we in the UK have a far smaller Farming Base than the rest of Europe, given up in part by Mr Blair – looks like his job will be safe in Europe! And now it seems the final part is being given up by Mr Brown as his Swansong.

You may wonder why  I am commenting on this here, well we  are seeing increasing levels of taxation from all angles, and this extra will have to be funded from somewhere and no one has any idea how this additional, substantial amount is going to be funded.

Drop a line to you MP see what that have to say.

Richard Smith

http://www.thefinancezone.co.uk

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