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Guiding you through the pensions maze
Added: (Mon Nov 10 2003)
Surrey based Independent Financial Adviser Informed Choice Ltd has published a free consumer guide to starting a personal or stakeholder pension plan.
Informed Choice Technical Director Martin Bamford says
"Planning for the future is very important. Whilst we all have bills to pay today and want to enjoy the income we earn, setting aside some of that income to provide a pension for our future makes real sense.
There is a great deal of media coverage surrounding pensions at the moment. This guide explains, in simple terms, what a personal or stakeholder pension plan is and what to consider when starting one".
This guide also looks at the rules that determine if you are eligible to have a private pension arrangement. It also considers how much you can and should pay into one of these arrangements to ensure you have a comfortable retirement.
A private pension arrangement can be used to replace some of the benefits offered by the State. The guide looks at this option in more detail.
As a pension plan is essentially an investment wrapper the guide looks at the investment aspects of private pension arrangements in a little more detail.
There are a great many plans available but this guide discusses selecting the best plan for you.
The guide then goes on to examine the future of pensions legislation and the changes to pensions proposed by the Government.
This free guide to starting a stakeholder or personal pension is available free by email attachment. Simply email Martin at Informed Choice at mbifa@aol.com to request your copy.
For more information about Informed Choice, our services and our free consumer guides please visit our website at www.informedchoice.ltd.uk.