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THE CO-OPERATIVE CIS INDIVIDUAL PERSONAL PENSION
The co-operative CIS Individual Personal Pension (Personal Pensions)
        
The co-operative CIS Individual Personal Pension enables you to take control over your retirement planning and provides a tax efficient way for you to save. It offers a wide range of funds for you to invest in to suit you.
Location: UK
Advantages:
1. It's very tax efficient. For every 80 you pay in, the government adds 20 tax relief (and if you're a higher rate tax payer you can claim back even more through your tax return).
2. It's completely portable. Your employer can make a contribution but you're free to take it with you if you move jobs.
3. There is a wide range of funds to invest in.
4. If you contribute regularly, you can change your payments at any time.
Disadvantages:
1. The co-operative take a total yearly charge from each fund, as a percentage of the fund value.
2. Additional fund management charges and expenses connected with owning and maintaining the assets, such as trustees' fees are applied.
3. There is no way to control the market so there is no guarantee on your return.
Services:
1. Financial Advice Service available

Min Investments: Apply to confirm
SIPP Options: No
Rate: Dependent on fund
Fees/Charges: 1.50% - 2.85%
Fund Options: 20

Suitable For:
Must be a UK resident.
Conditions:
Must be 50 years old to withdraw funds
Restrictions:
1. Before you apply it is essential that you make an appointment with a Co-operative Financial Adviser.
2. You cannot withdrawn your funds until 50 years old (55 years in April 2010)
Features:
1. Different funds have different levels of risk.
2. You can choose from the ready-made fund portfolio or individual funds, up to a total of 10 funds and/or portfolios. These funds are then looked after by a fund manager.
Terms and Conditions:
1. You cannot withdrawn your funds until 50 years old (55 years in April 2010)
        
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The Co-operative CIS Individual Personal Pension (Which Way To Pay - 5/3/2010)
The Co-operative CIS Individual Personal Pension is ranked 3 out of 5. Based on 1 review.

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