From: "Kevin Howell"
Newsgroups: uk.finance
Subject: HELP! Pension?
Date: Tue, 7 Sep 2004 09:26:21 +0100
I wonder if anyone in here can help me. I've have had a private pension plan
for the last 10 years, and I been contacted by my pension company (CIS) that
the government no longer contribute to my pension. I have been paying in
around £70 per month for the last ten years which has been matched by the
government. However, the pension is not performing as well as what everyone
is expecting, and CIS want me to up my contributions. I have no faith in the
pension scheme what so ever, and would prefer to invest the money I have in
other areas. I'm prepared to forfeit the money that government has paid, but
I've been told I can't access my money until I'm 65 as it is UK law! How can
I not get access to my money that I have paid? All I can do is watch my
money slowley dwindle down, is this correct or am I missing the point.
Thanks in advance,
Kevin
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