L
littlet
Guest
Hi Guys,
I'm self employed so I joined a Self Administered Pension Scheme a couple of years back when i made a few quid. Sine then I've had little money to put into the scheme and I've just being paying fees each year. While I realise the fees are necessary the problem is the fees will eat up my funds before I reach retirement age. I was wonder could I just pay the tax on the initial lump sum investment and get out of the pension before retirement age?
Thanks
I'm self employed so I joined a Self Administered Pension Scheme a couple of years back when i made a few quid. Sine then I've had little money to put into the scheme and I've just being paying fees each year. While I realise the fees are necessary the problem is the fees will eat up my funds before I reach retirement age. I was wonder could I just pay the tax on the initial lump sum investment and get out of the pension before retirement age?
Thanks