Annual Pension payment due

[MPwannadecentincome]

I would be more worried in losing 25% pension if I made a lump payment now - after the current dead cat bounce

Have you noticed your pension pot has lost 30% in past few weeks ?


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yeah that is a point. Luckily some of my pension is in cash as part of the old equitable life debacle where the funds are now with utmost.

[GhostofTarbera]

So what's your sentiment, the market will go down further or wait (and lose the opportunity for bargains) for recovery?

I see the FTSE 100 hitting 3800 in 5 weeks time - get back in then


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[TheGreenBastard]

I would be more worried in losing 25% pension if I made a lump payment now - after the current dead cat bounce

Have you noticed your pension pot has lost 30% in past few weeks ?


Sent from my iPhone using Contractor UK Forum

So what's your sentiment, the market will go down further or wait (and lose the opportunity for bargains) for recovery?

[ladymuck]

Did anyone else get slightly aroused reading that?

No, just you.

[northernladuk]

Did anyone else get slightly aroused reading that?

[GhostofTarbera]

I would be more worried in losing 25% pension if I made a lump payment now - after the current dead cat bounce

Have you noticed your pension pot has lost 30% in past few weeks ?


Sent from my iPhone using Contractor UK Forum

[BR14]

so what?

[MPwannadecentincome]

Normally I pay annually in March to the Ltd Co Pension plan a tidy sum if the net balance is healthy.

Currently there is a healthy net balance but doesn't seem wise under current conditions to put that money in the pension in case this c virus lockdown goes on for much longer than autumn.

I think I can do back dated payments next year so good to play it safe for now.