Search found 4 matches

Search found 4 matches Page 1 of 1
by Westy
Thu Apr 09, 2009 6:55 am
Forum: Ask IVA Forum and Industry experts
Topic: S.A.Y.E. ??
Replies: 63
Views: 6069

Melanie, yes I see your point. Creditors would not want you to build up a lump sum to say put a deposit on a house after the IVA. But they'd be happy for you to put money into a pension, so it can be means tested and used solely for rental payments after you retire! David, some SAYE schemes last 5 t...
by Westy
Wed Apr 08, 2009 8:18 pm
Forum: Ask IVA Forum and Industry experts
Topic: S.A.Y.E. ??
Replies: 63
Views: 6069

Did no-one realise you could give a better dividend if you stopped the pension contributions? You seem to have been lucky there!
by Westy
Wed Apr 08, 2009 7:36 pm
Forum: Ask IVA Forum and Industry experts
Topic: S.A.Y.E. ??
Replies: 63
Views: 6069

I'm not proposing to include a savings allowance in the IVA budget. The employer would deduct £100 per month from take home pay and the family member would pay £100 per month towards the household budget so the two cancel out. It's a bit like having someone pay your stakeholder pension contribution ...
by Westy
Tue Apr 07, 2009 7:29 pm
Forum: Ask IVA Forum and Industry experts
Topic: S.A.Y.E. ??
Replies: 63
Views: 6069

I am in a similar position to Endsmeet. My employer is offering SAYE schemes for 3,5 or 7 years. I'm in a DMP at the moment so I wouldn't be able to afford to pay anything into it myself. However, I could ask a family member to make the payments on my behalf so they can take advantage of it rather t...
Search found 4 matches Page 1 of 1
Go to advanced search