Would like to know the pros and cons and is a dro just as risky as an iva? We were very close to doing an iva but have held off as would like to be as sure as we can be on best option. It's such a big thing to get into. We like the sound of an dro now. But need lots of honest genuine facts first fro...

Lisa Thomas wrote:

As long as the annuities are at a reasonable level the expenditure should be allowable.

Thank-you very much for answering my question much appreciated

Sometimes a new pension will need to be stopped. Usually a long standing fund will be allowed to continue, but you might have to reduce payments into the fund to the scheme minimum. My husband has a long standing of over 25 yrs plus with the minimum monthly installments and would like to keep it go...

Do pensions have to be cancelled