How much do you save in your pension each month?

[Foxy Moron]

Company contribution pensions, that's a different issue really. Who wouldn't take free money?

[DimPrawn]

Company contribution pensions, that's a different issue really. Who wouldn't take free money?

Indeed. Final salary or where anothre company bungs shed loads of money in for free is the only pension worth having.

You own money can make you rich, but not in a pension. Well, you'll be 75 before you get it.

[expat]

Seldom have I seen so much ill-informed sh*te in one thread, even here.

Couldn't have put it better.

I am not trying to sell SIPPs, just pointing out what you can get out of them, and how; and how they differ from what some people call a "pension".

[expat]

The basic fact is, pensions were worth investing in, but now it's a big gamble. Add to that your assets are not very liquid and the ascociated opportunity cost it seems a poor deal.

What you can or can't withdraw is a moot point.

In the case of a SIPP, it is not moot, it is well-documented. Of course things may change in the future. But that goes for anything: for example, the government may seize your Krugerrands in the future. Such things have happened before.

[DimPrawn]

In the case of a SIPP, it is not moot, it is well-documented. Of course things may change in the future. But that goes for anything: for example, the government may seize your Krugerrands in the future. Such things have happened before.

How much can you withdraw before your are 55?

Zero.

Can't get much more ******* restrictive than that.

[Mich the Tester]

How much can you withdraw before your are 55?

Zero.

Can't get much more ******* restrictive than that.

So if you’re told when you’re 54 that you’re dying of some nasty disease and you fancy enjoying what’s left of your life, you’re Fl_lcked and the government and the pension firm will steal your money and deal it out among themselves.

[MrNoMotivation]

How much can you withdraw before your are 55?

Zero.

Can't get much more ******* restrictive than that.

get in ther dim

[PM-Junkie]

So if you’re told when you’re 54 that you’re dying of some nasty disease and you fancy enjoying what’s left of your life, you’re Fl_lcked and the government and the pension firm will steal your money and deal it out among themselves.

Bit of a no-brainer really isn't it? Which tells you all you need to know about those who still think pensions are a wise place to put your money.

[expat]

How much can you withdraw before your are 55?

Zero.

Can't get much more ******* restrictive than that.

Doesn't bother me.

[rootsnall]

So if you’re told when you’re 54 that you’re dying of some nasty disease and you fancy enjoying what’s left of your life, you’re Fl_lcked and the government and the pension firm will steal your money and deal it out among themselves.

It would go to your next of kin.

Another way of looking at it is you are 64 and in good health and have built up a decent pot in your SIPP. You take your pension rather than go working at B&Q !