For people, who do not work in the public sector or not employed by a large company in the private sector and have to take out a private pension, be aware of the exhorbitant costs that can be levied throughout the life span of paying into the fund. 80% of the total amount of money put into a pension pot can be taken out again by the company in fees and administration charges.
YES YOU READ RIGHT --- 80% OF THE TOTAL POT TAKEN OUT IN CHARGES
For people, who do not work in the public sector or not employed by a large company in the private sector and have to take out a private pension, be aware of the exhorbitant costs that can be levied throughout the life span of paying into the fund. 80% of the total amount of money put into a pension pot can be taken out again by the company in fees and administration charges.
YES YOU READ RIGHT --- 80% OF THE TOTAL POT TAKEN OUT IN CHARGES
Bonjurno100 1 year ago