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The Equitable LifeNewest Review: ... who take a wacking great charge when you start a pension or when you change you contribution levels, Eq Life have no commissions and transparent and low charges. However, now they have closed for new business due to the weakness of their life fund (all their other funds are fine!), so if you are looking for a new pension you cannot use them. If you are thinking of taking a pension now, I would hold off until April, when all the big companies will be forced to offer cheap stakeholder pensions. Then go with a strong mutual like Stanadard Life. The other alternative is to use Virgin, who are also very good. It is a shame about Eq Li... more |
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by ordy - written on 10.12.00 (Useful, 177 readings)
Rating:
I have always been a great fan of Eq Life for Pensions, Life cover and investments. Their products have in the past produced great returns and the charges are very low. I have had a Personal Pension, life cover and critical illness cover with Eq lIfe, and recommended many of my friends for similar products. Unlike IFA's, who take a wacking great charge when you start a pension or when you change you contribution levels, Eq Life have no commissions and transparent and low charges. However, now they have closed for new business due to the weakness of their life fund (all their other funds are fine!), so if you are looking for a new pension ...



