My work pension scheme.

[Mattk50]

I remember signing up for an endowment policy in 1985 paying 15 quid a month. After 3 years it was worth about 500 quid i.e. less than I paid in! Needless to say this was a good lesson because when I got my first mortgage in 1995 I absolutely refused to have an endowment mortgage and opted for the repayment type which wasn't as popular but was a good move on my part with all the mis-selling.

 

[MontyVeda]

Had a natter with my brother about my nest pension and it turns out that the default pension fund isn't great and advised me to switch to another one which means my £180 pa workplace pension could be worth £300+

after switching my NEST pension to the Sharia fund, this years annual statement suggests that my pension could be worth £530 a year!

 

[MontyVeda]

after switching my NEST pension to the Sharia fund, this years annual statement suggests that my pension could be worth £530 a year!

A year passes, a war begins, rent goes up, energy goes up, cost of food goes up, latest NEST pension statement estimates £250 a year

 

[Ming the Merciless]

A year passes, a war begins, rent goes up, energy goes up, cost of food goes up, latest NEST pension statement estimates £250 a year

It‘ll be £180 a year at next forecast.

 

[MontyVeda]

It‘ll be £180 a year at next forecast.

back to where it was with the original investment fund