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[quote][i]Originally posted by Robbo[/i] No, because it should grow as the pension company invests it on your behalf. Kerry - final salary pension schemes are fairly self-explanatory... if you stayed at the comopany until your retuirement, then you would receive a pension every year equivalent to your final salary... in reality you wouldnt cos ud take some lump sum tax free and a reduced annual pension but still The bad news is no-one generally allows entry into a final salary scheme anymore and those in them alreayd will be migrated to defined contribution schemes as time passes (Put £100 in, watch it grow, get that back) as no-one can sustain final salary schemes anymore... hence protests you hear about pensions (ie royal mail) [Edited on 12-08-2008 by Robbo] [/quote]
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