PensionsNetwork
Stakeholder Pensions
PensionsNetwork Stakeholder Pensions
PensionsNetwork
have negotiated with leading product providers to offer discounted
Stakeholder Pensions.
Within
their webite you can find out what is a stakeholder pension,
who can apply and compare providers and apply online using
their PENSIONS CALCULATOR.
If
you wish to apply for a pension from a company that is not
available through their pensions calculator simply contact
PensionsNetwork directly to sort out your pension needs.
What
are Stakeholder Pensions?
Stakeholder Pension schemes are secure, flexible, low cost
and value for money pension schemes. They are meant for people
who currently do not have a good range of pension options
available to save for retirement.
You
can invest into a stakeholder pension plan at any level up
to the Inland Revenue permitted maximum of percentage of earnings
or £3,600 gross per annum, whichever the greater, using
your best year's earnings from the last five tax years where
you were not a member of a company pension scheme.
You
use your own money to build up your pension fund. Your Stakeholder
Pension Scheme will put your contributions into investments
such as stocks and shares for you.
At
retirement, up to 25% of the pension fund value can be taken
as tax-free cash and the balance used to provide an income.
Benefits can be taken in many ways and you can choose what
is best to suit their circumstances.
For
further information on a PensionsNetwork Stakeholder Pension
visit the PensionsNetwork website.
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