Signing up to an annual direct debit payment plan from your energy supplier is supposed to help prevent bill shock as your payments are spread equally throughout the year. But it might not work like that...
Auto enrolment: how NEST will invest your compulsory pension
As NEST, the Government’s compulsory pension scheme, gets ready to launch, we look at how your pension will be invested.
Auto enrolment: how NEST will invest your compulsory pension
related stories on msn
3Comments
25/09/2012 08:18
25/09/2012 11:12
What does it say about unemployment? This for me, is another way for the government to get hold of your cash, what they should do is give you the option of selecting your own investment, after-all it is your money.
I would advise my son and daughter to opt out and invest their money when they think the time is right, certainly not before they earned a decent wage and were able to pay their everyday bills first, which a lot of young people can't do at present.
25/09/2012 10:50
I agree with bill. Also, the high charges are bad for investing in pension funds in the UK. The government is already trying to pressure pension funds into investing in infrastructure in the UK, no matter if these are good for the pension contributors or not. They are already trying to take the teachers 18billion fund for their own use.
I read an article about a Danish pension fund starting in the UK, called ATP Livslang Pensions, which gives much better guaranteed returns. Could at least be worth looking at.
The Dutch also get better returns for the same amount invested because they have different charges: no taking a cut of every investment made.
I read an article about a Danish pension fund starting in the UK, called ATP Livslang Pensions, which gives much better guaranteed returns. Could at least be worth looking at.
The Dutch also get better returns for the same amount invested because they have different charges: no taking a cut of every investment made.
Report
Are you sure you want to delete this comment?
latest money videos
more on msn money
The iconic Cotchford Farm in East Sussex goes up for sale for £2 million.
We look at which option will bag you a nicer home in a better neighbourhood.
Whether you have credit card debts or an overdraft or a stack of store credit, you can get back in the black for very little cost.
Because the sun has to shine eventually...
Nearly half of UK households say that they would struggle to cope if their monthly outgoings rose by £99. We look at how you can create some financial 'breathing space' to help you out if you lose your job or become ill.
Avoid these mistakes if you want to lead a richer life!
Save regularly to nab a leading easy access ISA rate from Newcastle Building Society and the chance to earn up to £1,000 cashback.
Barclaycard is now offering a record 27 interest-free months to pay off your debts.
The taxman says three and a half million people are due a refund, but two million will have to fork out for underpaid tax.
Fed up with low savings rates and high borrowing rates? As Dave Fishwick and his Bank of Dave has demonstrated, there are other options out there.
If you want to find a unique property bargain, there is plenty of help available online - you just need to know where to look.
