Stake holder pension - £19 interest across a year?

December 5, 2007 3:19 AM

Stake Holder Pension (UK): Is £19 interest for a year correct?

I've got a Stakeholder pension. I haven't paid anything into it for the last two years because, for various reasons, I've not been earning.

According to my pension statement delivered today, for 2006-07 my pension accumulated £19 on the back of just over £13K invested up until two years ago. If I put it into a savings account I'd get more than that each month!

Is this right? The pension is invested in two property funds. Times might have been hard for UK property this year, but are they that bad?

If I'm getting a raw deal, what do I do about it?

posted by long haired lover from liverpool to Work & Money (2 answers total)

without knowing exactly which property funds you are invested in its impossible to tell. But - yes.

You aren't getting a raw deal, you just had a bad allocation of you assets.
posted by JPD at 4:11 AM on December 5, 2007

I don't know this "stake holder" thing, but UK pensions change when you turn 35 (been researching the issue).
posted by Goofyy at 4:42 AM on December 5, 2007