Henderson & Stone

Henderson Stone & Co Ltd
2nd Floor, McCafferty House
99 Firhill Road
Glasgow, G20 7BE
Tel: 0141 352 7800
Fax: 0141 946 4979

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Home arrow Pensions & Annuity Options arrow Stakeholder Pensions
Stakeholder Pensions

Stakeholder pensions are a form of personal pension introduced by the Government to encourage more people to save for retirement. The Government laid down certain conditions to apply to the pension to make it more attractive. The advantages to a stakeholder pension are;

  • There is just one single annual charge the pension company may levy, which is currently capped at 1.5%.
  • There is a minimum level of contribution the pension company must accept.
  • You have full flexibility to stop, start or change your contributions as you wish.

The Stakeholder Pension is suitable for almost anyone, even those not working or receiving an income, though it is probably more appropriate for someone who is interested in the low costs and who is not concerned with the lack of investment options available.

 
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