Yahoo Answers is shutting down on May 4th, 2021 (Eastern Time) and the Yahoo Answers website is now in read-only mode. There will be no changes to other Yahoo properties or services, or your Yahoo account. You can find more information about the Yahoo Answers shutdown and how to download your data on this help page.
Trending News
In UK, do work Retirement accounts let you change where you want the money to go?
So like if Europe's market is recovering and you have say 15,000 pounds in a diversified portfolio, would your work retirement account let you put 100% in International funds?
What about UK Govt workers, do they get their own retirement account type?
The US 401k doesn't let you do that
4 Answers
- Anonymous9 years agoFavorite Answer
Yet another brilliant and Intelligent question brought to you by the person who ask such things as;
"Isn't it true starving poor people on welfare are smarter than Dolphins?"
"Why won't Neocons support Nancy Pelosi?"
"Is it illegal to rob a bank to feed poor people on welfare?
"Why can't USA Govt tax electricity when rich people use it, to fund more welfare for poor folks?"
"Why can't all Americans get free Govt Food Stamps?"
"Why is bestiality so severely criminalized in Canada?"
"Do British for the most part agree the Nazi holocaust wasn't a hoax?"
"Can't we elect more Liberals so we can take America in a more Liberal direction?"
"If America is a republic, why are their Kingdom's in America?"
"In America, why don't I have freedom to receive redistributions of wealth from the rich?"
"Why don't Canadians accept that USA invented Democracy/freedom for all the world?"
"Why can't the Lawyer's Guild and ACLU build a Church for Occupy Wall Streeters?"
"Would Americans support my idea for a Soviet Socialism for ALL US?"
"In USA, y isn't it a Felony crime to talk badly about President Obama?"
"Why don't you support welfare distributions for descendents of black American slaves?"
Seriously, just ignore this TROLL, and Joseph .S rants about the NWO.
-And yes, I'm trying to get some best answers off this guy.
- ?Lv 59 years ago
The UK has pensions which everyone gets...what you are asking about is private pensions and they can be set up jointly with your employer who pays into the account and some income from your wages goes in to the account....these are normally set up and protected by the financial regulator ( gov) Civil Service and Public sector employees (UK Govt workers)...so local, national council, government, police, fire, education, healthcare etc up to now have very good private pensions, mainly as 80% was paid in by employer and 20% by employee ( for new employees it has just changed)
People can also set up their own private pension and decide what exactly they wish to invest in, where it goes, into which shares etc
I have a small public sector( Gov employee) private pension as I work part time, but I am also self employed and my best 'private pension 'along with ongoing income for me is property...so I have a house which I rent out, paid for so no outgoings except for general maintenance and annual house insurance.................... so it depends on what works for you...I am about to purchase another house which I will rent out as it sure as not is not going to get any cheaper to live and the standard pension even with a top up private pension I will not be living in luxury, so the rental income is important and will make sure I can live comfortably when the time comes
- Anonymous9 years ago
The pension is paid into your account and then you can do what you like with it.