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What do i look for in a pension?
:confused: Im currently 23 and self emplyed as a freelance director. I am now earning a little money after a year of hard slog and am looking at starting a pension - especially as the National Pension may not be worth waiting for when i retire. I have started to look at pensions but am just baffled by the range and what…
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Salary Sacrifice
Hi my employer is suggesting that a future contribution increase to my final salary scheme may be funded by a "salary sacrifice" option. Anyone know what this means and what the advantages/disadvantages ? Kind regards,
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Government Pension Protection
Does anyone know about the new law that was brought in on 6th April (in laymans terms) that protects a company pension if the company goes under and there is a shortfall?? Tried to look it up on the net but was totally blinded with gobblydegook :confused:
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missing NICO payment??
does anyone know why my NICO refund to a group stakeholder pension did not happen on the 5th april this year, as it has previous years? do we still get a refund? or has it gone to the wall like my married persons allowance and miras amongst other things!! oh well, at least tax hasn't gone up!?!
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Pension help - IFA question
Hi, I am currently part of a company group personal pension schema which is with one of the major companies(ScotEq). We have been informed that the scheme is no long being offered due to a number of reasons and we are therefore switching over to another group of companies (Standard Life, Scottish Widows, etc). My funds are…
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Changed jobs - pension confusion...
Hi there :confused: TO AVOID ACTUAL COMPANIES I HAVE CAREFULLY GIVEN THEM MADE UP NAMES Here are my details if anyone could help me out - The numbers are pretty accurate. I am 46. I have 70K pot with Allied Zunbar as a personal pension - frozen 2 years ago. I have 40K with ZAXA as a Transferable Personal Pension... paid…
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What to do about my pension
Hi I wondered if someone could give me advice? Back in 1990 when i was 23 i took out a private pension and opted of Serps. The company i worked for didn't have a pension scheme In 1991 i changed jobs and in 1992 bercame eligible for their works pension which was non-contributory. As you were not allowed both a private…
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AVC's VS Stakeholder Post April 2006
I currently earn in excess of £40,000 and have a around £24,000 in an employer organised AVC arrangement with Standard Life at a reduced management fee. £100 is currently deducted per month from my gross salary. I have 10 years to work before qualifying for my employers final salary pension. Following the Pension changes I…
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Deferred (State) pension help needed!
Hi, My mother-in-Law is due to retire in September, at which time she can start claiming both her state and Private pensions! Now, We have been discussing the relative merits of deferring her State pension in order to get a higher weekly payment later in life (Along with the lump sum). Now, Has anyone any experience of…
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Scottish Widows Stakeholder via Cavendish Online
I have read the article about Cavendish rebating commission, and I'm interested in transfering my own stakeholder pension to take advantage of this. Out of the schemes on offer through them I favour Scottish Widows, but how do I choose which fund to go with? Has anyone here used Cavendish, if so what was your experience?…
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FSAVC - Please help!
Hi everyone: I need some help. My wife (of 18 months) has had an FSAVC with Allied Dunbar for 8 years, now taken over by Zurich. My wife has recently been made redundant, and we'd like to stop paying into it for obvious reasons (£200/month). Clearly its also an ideal time to review it. My questions: 1) Should we be able to…
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Which pension scheme is better?
:confused: Hi, I am 35 years old and working in a small company. There is no pension scheme in our company and I am considering having a private pension. My wife working for a company which has pension scheme and she has got her pension from them, also both of us paying national insurance contribution. Our total income is…
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Pension contribution for 25 year old
I have avoided starting a pension for the last few years as the pensions seemed to be in a bit of a crisis at the time. It now seems to have settled down and being 25 its probably about time I started one. My first question is what should my contribution be? The min is 2.5% and the company contribute 5%. I am bound to move…
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Financial Advisers
Help please. I,m trying to get my life together ( money wise) & need help from a IFA. My main problem at the moment is I dont no who to ask for this help as several years ago I was given advise from one which I took only to find out from the FSA that I had been given the wrong advise & would have lost most of my money…
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Old company pension
hi everyone.. dont know anything about pensions and trying to get my head around it so i can fix it all up I changed jobs this time last year, and new company didnt have a contributed pension scheme. so my payments for my old pension stopped and i havent set it back up. My pension is with standard life and was a group…
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Should i cotract in or Out??
i have a pension with a bank which i no longer pay into,(roughly about 4-5k i cannot transfer this pension, or if i decided to it would cost me more than its worth, i have decided to keep the pension and take whats there when im 50. the bank have been in touch with me asking if i want to contract in or out, i have read the…
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Higher rate tax relief
I wonder if anyone can help me. One of my new year resolutions was to get to grips with my finances and to a large extent I have. I now want to get to grips with my personal pension and what a minefield the are!! I'm 36 years old and have a couple of pensions, paying only about £50 per month into each. I know I could do…
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should i start a pension already, any help would be nice
i am 18 and going to uni hopefully, but i am one of the sensible ones and am thinking about the future. Should i start a pension. What kinds are available and how do they work, any help would be nice, thanks
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Protected rights drawdown
At the moment it's very difficult (and may soon become impossible) to move a protected rights (contracted out) pension fund to a SIPP, so as to take income drawdown instead of an annuity. Does anyone know of a life company that offers a drawdown facility with reasonably low charges and a choice of decent funds for smaller…
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What pension to go for !!!!!
I am a married man 32 years old and have yet started a pension. I have a good job as a sales consultant for a heating company and earn around 30k per year. The company employs around 25 people. I urgently need to start a pension, but don`t have a clue where to start. I beleive a few work colleauges have a stakeholder…
