Personal Pensions

These offer more investment choice than stakeholder plans, with between 40 and 800 funds available from a range of managers.

Many personal pension providers have now brought their plans in line with the stakeholder model, capping charges at 1.5% a year for the first 10 years and 1% thereafter.

In the past, personal pensions were severely criticised for applying steep charges without limit. They were renowned for using a process called 'front-end loading', meaning they levied very high initial charges, sometimes equivalent to 80% of the first year's contributions.

As independent advisers we can help you choose a pension that suits your individual circumstances, avoiding front end loaded contracts and selecting only features and benefits that you want.

Be aware there is still no limit on personal pension charges outside a stakeholder, so check what these are before you apply.

Please call 01732 881188 for more details

Authorised and Regulated by the Financial Services Authority FSA No.402725
Registered Address: 3 Station Road Borough Green Sevenoaks Kent TN15 8ER.
Registered in England. Registration No.3694074