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Companies With Pension Plans

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One of the many pieces of reading material we were looking through had the title of 'Advisers Have Vital Role As Persuaders'.



This was based on the results of a survey which asked both individual investors and advisers 5 questions about retirement planning success. Fidelity, an investment group, asked these 2 groups to rank 1-5 the factors below:

The survey aimed to identify how well educated a typical investor is, and to stress how important an advisers job was to ensure that the message they want to get across does indeed communicate itself to individuals. The context for this was that there is a lot of talk about the coming 'pension crisis', and how vital it is that investors get the right advice.

Priority / Advisers / Individuals

Amount saved over a lifetime / 1 / 2

Date at which saving started / 2 / 4

Getting the right asset allocation / 3 / 5

Picking the right funds / 4 / 3

Finding the best pension plan / 5 / 1

If we simply concentrate on the first and last factors, we see that the priorities here are reversed. Whilst individuals did understand that the amount saved over a lifetime, identified by advisers as the most important factor, was indeed important, they still rated 'finding the best pension plan' as number 1.

Now, we have written many articles on this subject, and are certain that no regular reader will have made this mistake! However, this survey has once again shown that the idea that there is a 'best pension plan' out there is still prevalent with individual investors.

We do not have space to reiterate our investment process here, but the long and short of it is that, whilst the pension wrapper is important (as it is tax efficient), the investments within the pension are what really matters.

When we first looked at the results of this survey, it reminded us of a recent experience we had when a new client contacted us after finding our website via Google. He explained that he was concerned about the advice he had been given by his Independant Financial Adviser (IFA), and could we give our view on his situation. When Graeme met him, it became clear that with very little evidence as to why, the IFA was advising the client to invest over £2,600 per month into a Personal Pension. When asked why, the IFA said that it would allow the client to retire earlier, and that this was the 'best' pension that he could recommend.

When Graeme asked:

- Were your goals in life discussed properly?

- what risk questionnaire/assessment was used?

- what was the result of the cash flow forecast?

- Have the NHS Pension and State pensions been taken into account?

- where is the expenditure template showing what you need at 60?

- Has the sale of the practice been taken into account?

- Have any possible inheritances been factored in?

- Have the existing investments been built in?

The answers were that none of these had been discussed in detail or at all!

Many things concern us here, including the probability (based on many clients' case work) that if such planning were implimented, the client would possibly have 'too much' for their needs age 60 plus, and in a wrapper which restricts what you can do with it (75% of the proceeds have to be used to provide an income - 25% is available as tax free cash as a lump sum).

This can of course also be at the cost of the client's life now - what's wrong with enjoying life and spending money now if more money does not need to be invested?

The key word is measurement - or the lack of it in this case.

To cap it all, the dentist had a copy of the quotation that had been left with him for the Personal Pension. For the few hours work that had been carried out for the client, the last page showed a very interesting remuneration figure for the IFA. This money would be taken from the clients pension account in the first year.

£19,432 to be paid as a lump sum when the client signed up!

The Financial Tips Bottom Line

Be aware that there is no 'best pension', and if anyone says there is it's probably time to take a step back and ask the adviser what form of measurement they have used to arrive at the decision they have.

Action Point

If your adviser has not taken into account the above factors as a minimum to your overall retirement planning, then we recommend you do so now. Retirement planning is not just about pensions - building in all factors and having a life now is quite important!

Also, even if you intend to simply buy policies instead of comprehensive planning, be aware of advisers who charge large amounts of commission and talk about the 'best pension'.
Companies With Pension Plans
Beth Collingz, PLC International Marketing Director for Pacific Concord Properties Lancaster Brand of Condotels in the Philippines in a Press Conference with International Investors from the United Kingdom held recently at Shangri-La Mactan Resort Hotel in Cebu, reckoned - "Thousands of people in the UK are beginning to catch on"

A Self Invested Pension Plan [SIPP] is a personal pension plan but with one very significant difference: administration is separate from investment content, giving the plan holder freedom to choose for himself and change the investments within it. The long-awaited rules on what savers can include in their personal pension plans were unveiled in April 2006 by HM Revenue & Customs. The Guidance Notes confirm that the Chancellor is permitting Self Invested Pension Plan [SIPP] holders to invest in hotels such as the Lancaster Brand of Condo Hotels in the Philippines. The only stipulation is that SIPP holders may not stay in their rooms. With more nights available for paying guests, this not surprisingly increases the room owners' returns. It is estimated there are now more than 70,000 plans holding over ?14bn.

A year or so ago, few people in the UK realized that they could manage their Pension Plan portfolios themselves, and even fewer knew that they could invest their SIPP retirement money in homes in the sun which now prove to be among the most popular potential investments to include in a SIPP

If you're considering using your SIPP to invest in real estate, there are some excellent reasons that you should choose Philippine Condotel Investment real estate to drive your retirement portfolio into high profit margins. The Philippines is ideal for this type of investment because a SIPP can establish title to a property in a country whose legal framework recognizes trusts and a SIPP is simply another form of trust.

Investing in foreign real estate is neither as risky nor as tricky as a lot of people would have you believe. While land and housing prices in the U.K. have soared astronomically in the past decade, the world real estate market is a far different story. It's still possible to buy a preconstruction Condotel suite at Lancaster The Atrium located in Metro Manila, Philippines, for less than GBP ?25,000.00

Lancaster Manila Atrium Tower A, Shaw Boulevard, Metro Manila, Philippines is a "Full Service" Condominium Hotel ["Condotel"] offering Studio, One, Two and Three Bedroom Suites for sale. To be completed and ready for turnover from December 2010, the Lancaster Suites Manila Atrium Tower II will provide unit owners with premier residential condo units with the option of enrolling their units in the Lancaster Condotel Rental Pool and earn Rental Incomes [at current purchase levels] of some 8-16% ROI per annum as Owner Non-Residents when not using their units through Condotel Management. This makes Lancaster Suites one of the Hottest Investment Opportunities in the Philippines.

The beauty of holding property in the Philippines is the low cost of property taxes and maintenance. A GBP ?25,000 Condotel suite may set you back GBP ?100 in property taxes per year, and maintenance costs are similarly low. When you add in the tax-protected status of investments made in your IRA, and the 12-16% returns through rental income through the Condotel advantage, you have an incredible ROI on a purchase of Philippine Condotel investment real estate enthused Collingz.

What's the downside about owning Philippine Condotel Investment real estate as an SIPP investment? You cannot reside at your investment property as long as the SIPP is titled as the owner of the property. The self directed pension plan rules about benefiting personally from your investments are strict - you are not allowed to make use of any property owned by your SIPP, or you risk losing its tax-protected status and worse yet you could face penalties from HM Customs & Excise. You can, however, rent out your SIPP investment for steady income - putting the profits and cash flow into your SIPP, or sell your Philippine Real Estate Investment for immediate profit, as long as those profits remain inside the SIPP.

If you're looking for an unusual and high earning investment for your SIPP, then take a serious look at owning Philippine Condotel investment real estate. It can help kick your SIPP earnings into high gear.

With the impending slowdown of the UK. housing market and failing pension plans, many investors are turning to using their SIPP's to invest in overseas properties and earn tax-free or tax-deferred income. This creates an outstanding opportunity for by offering self-directed pension plan vehicle to invest in the Lancaster Suites Atrium Tower preconstruction units.

With preconstruction property appreciating at some 20-30% per annum not only does the Real Estate Appreciation look good but the rental income is in excess of what many Pension Plans offer for the same or similar investment.

Beth Collingz says that many new investors are looking to replace failed pension plans and other future saving schemes with a solid investment in Real Estate. Clients are looking for investments that will give them an income for retirement as an alternative to traditional private pension plans that have failed. Most company pension plans are insufficient as are Government Pensions. Bank rates for Savings accounts are at record lows. Savvy investors are now looking for a more solid investment with potential for monthly income. Condotels in the Philippines fit the bill

This potential, high rates of rental returns from Condotel Investments, currently from 8% up to 16% per annum, opens up a huge market not traditionally looked at by Real Estate Agents and Brokers whom all so often run around looking for normal residential profile buyers without looking at the by far bigger picture of investments, investing and retirement. "We're here to help our clients, educating our clients and advising them of emerging investment opportunities. Self-Invested Pension Plans and the Lancaster Suites Atrium Condotels, fit this bill exactly; adds Collingz
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About Author
Both Ray Prince & Plcmarketing are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.

Ray Prince has sinced written about articles on various topics from Finances, Babies and Property Guide. Ray Prince is an Independent Financial Planner with Rutherford Wilkinson plc, and helps UK Resident Doctors and Dentists get the best deals on mortgages, protection and investments, as well as helping them achieve their financial objectives. Click here fo. Ray Prince's top article generates over 33100 views. to your Favourites.

Plcmarketing has sinced written about articles on various topics from Banner Advertising, Investments and Property Investment. PLC International Marketing NetworksPacific Concord Properties Inc., Manila Head OfficeShaw Boulevard, Mandaluyong City. Metro Manila. PhilippinesPhone: Manila [632] 717 1958 Fax: Manila [632] 718 1828Pacific Concord Properties Inc., Cebu OfficeLapu-Lapu. Plcmarketing's top article generates over 74000 views. to your Favourites.
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Using natural Chinese herbs can help to rectify this damage and create a new energy and perspective to life and living.
 
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