From: "Rob graham" 
Newsgroups: uk.finance
Subject: Re: More Pension Crap
Date: Mon, 4 Jul 2005 16:08:18 +0000 (UTC)

Seems to me the main reason basic pensions
> fail to sell is because basic pensions aren't worth having, whatever the
> fee. Might as well bung small contributions in an ISA and let it fester
> safely.

The problem with most people is that they put their money into a pension 
then never look at it again until they retire and then find out something 
has gone wrong.

But if they put the money into an ISA, many of them are prepared to look to 
see how the investment is doing and move it if necessary.

Why do people think that a pension is any different to any other investment 
when it comes to fund performance?

Also, you say *let it fester safely*. Safely? Depends on the place the money 
is in. Maybe you're talking about a cash ISA. You could have a cash pension 
fund where it is just as safe, plus you get tax relief and you may well be 
able to put more than £3,000 a year in. I'm not making a case for pensions, 
but just to look at a point that seems to escape people.

Rob Graham