thinking of increasing my pension contributions, what's best....
26 January 2007, 07:01 PM
#1
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thinking of increasing my pension contributions, what's best....
increasing with my current pension or starting a new one?
or as an alternative get a new cash ISA each year and put the rest in savings fund?
i gather no tax on the ISA's won't last forever though? also tax contributions would bump it up to more than i would put in myself aswell i guess??
*spending it all on the scooby is not an option by the way
*
any ideas guys?
ta
or as an alternative get a new cash ISA each year and put the rest in savings fund?
i gather no tax on the ISA's won't last forever though? also tax contributions would bump it up to more than i would put in myself aswell i guess??
*spending it all on the scooby is not an option by the way
*any ideas guys?
ta
27 January 2007, 06:42 PM
#3
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My advice would be to put any extra income you have into your mortgage to get rid of the bu99er, then buy some investment properties. Pensions are a lame duck these days IMO, going the same way as endowments.
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