From: "eclipse" 
Newsgroups: uk.finance
Subject: Re: Dumb pension question
Date: Sun, 1 Apr 2007 16:20:23 +0100


"GB"  wrote in message 
news:460fb5e8$0$10725$db0fefd9@news.zen.co.uk...
>
> "eclipse"  wrote in message 
> news:dvOdnbaX642P_pPbnZ2dnUVZ8tChnZ2d@eclipse.net.uk...
>>
>> 25%+ 56% = 81% of the fund and the taxman has about 20%
>>
>> So to make it better than a 5% bonus you have to either do well at making 
>> the fund grow tax free
>> or take the draw down at a time you are paying no tax.
>
> The tax-free growth is a major advantage. Also there are monetary limits 
> on ISAs that may of course not bother you.
>
Agreed both are the reasons I've decided to go with it - but any spare cash 
I have is going into ISA first as its nearly as good and less painful to get 
at :-)
mikej