Go To Mortgage 101

Return To Group Index

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