this is going to be really good

Baffling I don't think I'd choose to invest in a scheme knowing that a portion of my money was going directly to a loan repayment. Baffling too that the rational for Stakeholder charging i.e. no entry fee has been abandoned without explanation and replaced by a 2% entry fee with a non customer focused rationale. So we pay 2% to get into a scheme. We don't yet know what we are being offered by way of administration-it seems very unlikley indeed that it will be of a high standard-there is only one firm willing to do it and it will be carried out outside the UK. We don't know what to expect by way of fund choice or standard of management. We don't know what standard to expect in providing information or advice at retirement and flaw of flaws once we have put our money in it we are not going to be allowed to transfer to another provider prior to taking benefits. We don't even know whther the NEST arrangement will be subject to the same rules be they favourable to the member or not, as are mainstream ppp's. A must to avoid I would say and in fact not too hard to match in the private, commercial sector. I'm looking forward to it immensely

Posted by: snooks