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Annual Pension payment due

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    Annual Pension payment due

    Normally I pay annually in March to the Ltd Co Pension plan a tidy sum if the net balance is healthy.

    Currently there is a healthy net balance but doesn't seem wise under current conditions to put that money in the pension in case this c virus lockdown goes on for much longer than autumn.

    I think I can do back dated payments next year so good to play it safe for now.
    This default font is sooooooooooooo boring and so are short usernames

    #2
    so what?

    Comment


      #3
      I would be more worried in losing 25% pension if I made a lump payment now - after the current dead cat bounce

      Have you noticed your pension pot has lost 30% in past few weeks ?


      Sent from my iPhone using Contractor UK Forum

      Comment


        #4
        Did anyone else get slightly aroused reading that?
        'CUK forum personality of 2011 - Winner - Yes really!!!!

        Comment


          #5
          Originally posted by northernladuk View Post
          Did anyone else get slightly aroused reading that?
          No, just you.

          Comment


            #6
            Originally posted by GhostofTarbera View Post
            I would be more worried in losing 25% pension if I made a lump payment now - after the current dead cat bounce

            Have you noticed your pension pot has lost 30% in past few weeks ?


            Sent from my iPhone using Contractor UK Forum
            So what's your sentiment, the market will go down further or wait (and lose the opportunity for bargains) for recovery?

            Comment


              #7
              Originally posted by TheGreenBastard View Post
              So what's your sentiment, the market will go down further or wait (and lose the opportunity for bargains) for recovery?
              I see the FTSE 100 hitting 3800 in 5 weeks time - get back in then


              Sent from my iPhone using Contractor UK Forum

              Comment


                #8
                Originally posted by GhostofTarbera View Post
                I would be more worried in losing 25% pension if I made a lump payment now - after the current dead cat bounce

                Have you noticed your pension pot has lost 30% in past few weeks ?


                Sent from my iPhone using Contractor UK Forum
                yeah that is a point. Luckily some of my pension is in cash as part of the old equitable life debacle where the funds are now with utmost.
                This default font is sooooooooooooo boring and so are short usernames

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