do not even think about it!

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KentTimetraveller's review of Prudential Pension

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“do not even think about it!”

Written on: 28/08/2013 by KentTimetraveller (1 review written)

Do not trust any of the financial institutions to 'look after your money', the Pru is just as bad as the rest.
25 years into my Prudential personal pension and the transfer value would not even buy me a decent car, let alone retirement income.
Once they have you locked in, it is an exercise in confusion. Keep using your money to make money, but try not to let you have any of it back.
There might be a promise of a terminal bonus, but all this does is to lock in the existing catch they have.

Seriously, I suggest that you just put your money into an ISA account where you have complete control. If you like a bit of risk take out the stocks/ shares version, if not just stick with cash.

I would call on all employees of financial institutions to examine your conscience. If you work for the Pru or any of the banks you really should consider leaving and move to a more ethical business.

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