Pensions: Reduced Allocation Period
Money : Saving When you take out a personal pension you need to think carefully about the clauses and make up of an individual pension. It is too important to get it wrong through lack of research and then really pay for it in later years. One question to ask is around the so-called reduced allocation period. Specifically,ask if there is one of these. It means there is a time where less money goes straight into the pension (in a round about way it is simply a form of commission placed on a policy up front). Therefore if the answer is no, then good - because otherwise clearly the early value will be quite low.
Questions about pension:
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