We all know that the value of investments can go down as well as up but my Scottish Widows pension fund has dropped at a rate of 10% at the same time as another pension fund I have has gone up by 8% and the FTSE has risen by 12%. I retire in two months and can’t wait to start withdrawing before they lose more of my treasured pension pot. Things are bad enough without this level of incompetence. I watch their TV adverts with dread as I think about the people they are selling bad investments to an will be writing to the newspapers to warn people.
3 years ago
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