£11K locked in old permie job pension. Is there a way of ...

[MilanB]

Re: £11K locked in old permie job pension. Is there a way of

yes there are always people in life who find it easier to blame others for their predicament

proper planning and preparation Rodders !

you only have yourself to blame for any situation you find yourself in

now, get off your backside and sort your life out and get into .Net


Milan.

[Lucifer Box]

Re: £11K locked in old permie job pension. Is there a way of

Well said, Benes. As long as you read the small print, it quite clearly said "under current rules* forget any possibility of getting hold of your money until you're 50. In return, we'll give you tax relief on your contributions"

* please note, rules can, and do, change.

[sappatz]

Re: £11K locked in old permie job pension. Is there a way of

official pension schemes (from government or private sources, insurance companies and such) are a SCAM
dotn expect one penny when the UK state will go bankrupt in 2030 (as forecast by serious institutes like Gartner)
this is a good thing to know

the best thing to do is to build your own pension scheme (or buy a house)

[xoggoth]

Re: £11K locked in old permie job pension. Is there a way of

It appears that conscensus about legal options is what I said in 1st place. Over 50s can officially retire and draw money from some schemes (actually put money in and draw out same year plus tax refund - it's a little known scam) but for you younger sorts, no legal options.

That only leaves illegal options. I am sure there must be some. Why is there not an alternative investment industry? I would really like to invest my dosh sensibly in growth industries like cocaine smuggling, prostitution and termination services. At very least, an unethical ISA in rainforest logging or chimpanzee laundering.

[sappatz]

Re: £11K locked in old permie job pension. Is there a way of

as an it contractor, you must be accointed with the illegal trade in chimapanzees :lol