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The Co-operative CIS Stakeholder Pension - Stakeholder Pensions
(Which Way To Pay - 5/3/2010)
The Co-operative add the stakeholder scheme to their pension products.  This plan is pretty straightforward, allowing you to invest with a small minimum of only 20 and your payments are adaptable in size and frequency.

When you reach retirement, you can choose to convert all of your pension or you can take a tax free lump sum of 25% and use the rest as a taxable income.

The annual charge reduces to 1% after ten years of being in action (the opening rate is 1.5%).  You can choose from 7 funds but remember that what you get when you reach retirement depends on the performance of your investments, your age and interest rates.
The Co-operative CIS Stakeholder Pension is ranked 3 out of 5. Based on 1 review.

3 Star Rating        
1 Star: 1 Star RatingPoor
In relation to other products, has performed badly and has little or no worthwhile benefits.
2 Stars: 2 Star RatingBelow Average
Has some features of value, but in comparison to others performs below standard.
3 Stars: 3 Star RatingAverage
A fair product with regards to its competitors - has no outstanding features or benefits.
4 Stars: 4 Star RatingGood
In comparison to other products performs above standard, has beneficial features.
5 Stars: 5 Star RatingExcellent
Performs well above standard in comparison, has exceptional features and benefits.

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