From: "Fred"
Newsgroups: uk.finance
Subject: Re: Pension Robbery by Financial Advisors
Date: 30 May 2006 08:56:02 -0700
posting-account=KVNfuQ0AAADeU0ha9lGY5aPFnC8ozfvw
No, not so. Firstly, it's nothing to do with the Inland Revenue.
However,
the regulator (the FSA) does require that advice is only given after
the
advisor has sufficient information to give informed advice. You
wouldn't
want it otherwise, would you?
But he doesn't need to know things that are not relevant to the issue.
Or
you can decline to tell him and he'll then give you advice based on
limited
knowledge - which might be dangerous.
Retirement:
"This is the age at which the scheme expects most employees to retire
and begin
drawing the pension (these arrangemnts must comply with Inland Revenue
rules)."
from
agepositive.gov.uk
On the form I filled there space for (apart from all the other assets);
How do yau have in the Bank, Building Society, ISA, PEPs etc etc etc.
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