Legal & General Pension www.legalandgeneral.com Reviews

Legal and General Pension www.legalandgeneral.com
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“How my hard work benefited Legal & General”

Written on: 06/09/2011

Having been sold a private (Section 32) pension by a company of IFAs to transfer from a company pension scheme to an insurance based pension scheme it was later that I realised sales talk had won the day and my pension pot was not comparable to the original company scheme. Under the legislation of the day, I raised a complaint which was favourably considered and 50% was ordered to be added to the Section 32 under an adjoining and separate redress policy. All fine and fair so far and now... (read more)

Xxtrishxx's Comment

Written on: 13/09/2011

I am seriously worried about how these Investment and Pension funds handle our hard earned savings. Deductions are never declared and they silently take out 2 1/2 to 3% per annum of the TOTAL amount saved. With growth typically less than 3% on average , you are paying a slug of your fund for nothing back.
And you wonder why such huge bonuses are paid within these Companies.

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