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Pensions, annuities & retirement planning

Archives for September 2006

Is this really Pearl's policy ?
My retired father is recently deceased having had 3 pension policies with Pearl, 2 paid to him monthly and the other quarterly. Pearl was asked, via its website contact function, how we should officially inform the company of a policy holder's death. Pearl did not respond to this request. Pearl was telephoned and, citing…
Seeing an IFA: What documents?
I've made an appointment with an IFA to sort out OH's pensions (which are a mess) and get mine set up. I've got a list of all our assets and liabilities (property, ISAs, savings, shares). my P60's and OH's tax statements for the last 2 years (neither varies much) OH's most recent pension statements, (2 from January, 2 from…
Help! Pensions Demutualisation - what on earth is this?!
Hi there, This is the first time I've ever posted on here, though I've been receiving Martin's emails for a while, and always come on here to search for advice about money-related matters! You guys always seem so helpful and supportive! :) Anyway, the time has come for me to make a posting, as I need some help with my work…
Is it worth to have a pension when company doesn't pay?
Hi, I tought I know the answer to this question (answer was yes for me), but now I am bit confused. For example, it I take 100 or 150 per month and put into a pension, won't it be the same that I set a share ISA and put the 100 or 150 per month in? The pension is tax free, but when it pays out money, I will be taxed. The…
Transferring 1 company pension to another??
Hi, I am a newbie please be gentle!!:confused: Hubbie has 21 years pensionable service in J Sainsbury pension scheme,which he can take when he is 65.Now working for Royal Mail and currently has 2 years pensionable service.have applied for a transfer value but don't know what to make of the figures! Would probably help for…
IFA asking for letter of authority
Hi all I spoke to an IFA today regarding pensions advice. This was the first time I had spoken to this guy. Straightaway he wanted us to sign a letter of authority for him to contact all our pension schemes and ask for information from them. I said no. We have not even met this bloke let alone decided we want him to act…
Pension help please
Hi not sure if you can help, but i would like some advice re pensions. I work for the NHS as a nurse and use to pay into a pension with them. But 2 years ago i opted out of it and stopped paying it (only been in it a year) due to money problems. Anyway i would now like to start paying back into it but dont know how to go…
Pension claim following divorce
my parents divorced after 21 years of marriage, mum already receives a state pension in her own name. Is she entitled to some of my dad's state pension when he gets this when he is 65 next april, he made a throughaway comment to mum saying that his wife of only 12 years will be getting 40 odd years benefit from his…
Advice please on paying back money towards pension
Hi.I am married and have not worked for 10 years.I will be 60 end of january and have had a pension forecast of £46 per week.They say I can pay back money for 10 years (approx £3500) to get a pension of £66 a week. My husband and I have savings which have been in my name as i don't pay tax.Interest approx. £3500 per year.…
SENIORIALES - any information?
Senioriales is a company with property developments in France specifically for older people. Is there anybody out there with first or second hand knowledge of either the company or the developments? If somebody in England was thinking of retiring to one of their bungalows in France, what sort of questions should they be…
Can a pensioner contribute to a pension
I took early retirement a while ago. Due to a few changes I now have money that I want to invest as efficiently as possible - one way could be via a personal pension. Can I contribute to a new personal pension and, if so, does my current pension count as earnings for contribution limits?
pension plans for older persons
Hi. can anyone advise please. am female, 54, and plan to retire at about 66 (later if am able to continue working). am on target for state pension (pay class 2 contributions), plus have small teaching pension fr 8yrs in my 20s. + savings of few thousand in Premium Bonds, £8000 in B Soc ISA acc (only recently started paying…
Sense Check.... Am I ok?
Hi everyone, Quite new here so please be nice..... Basically I have been paying into my employers Group Personal Pension Plan for the last 5 years, and although i keep a regular eye on it, I wondered if some of you who know much more about these things could advise whether I am on the right track or not? I am 33 years old,…
Few quick questions
Hi, Does anybody know the following information: is the amount you can take tax free from a pension 25%? Is the earliest you can take the pension now 55? If the amount is under 15k can you take the lot tax free and not buy an aunity? Thanks
Applying for ill health retirement
Has anyone applied for IH retirement ,been turned down appealed and been turned down a second time? What sort of time scale would be involved in this situation? If this happened would you have the option of returning to your job or would you lose your job and have to claim incapcity benefit? thanks AC89
FSA stakeholder pension decision tree booklet
Hi all I am seeing an IFA on Thurs to discuss DH's pension arrangements. DH will be there too but as he has to phone me every time he needs to work out a percentage Im not relying too much on his input here! In preparation I have been getting together the various policies including his current company scheme which is the…
Company pension funding comparison
10 million letters have just gone out to people in company final salary pension schemes, telling them how well, or rather not so well, their pension scheme is funded. Many MSE members must have received them, so: I thought it would be useful to compare notes in the following format: Company ; Funding Level ; at date I'll…
Should i transfer a civil service pension?
Hi All, I've got a pension dilema. I left the civil service in May this year with roughly 3 years service (as far as i remember i was on a final salary scheme). My new company has given me the option to transfer the civil service fund into it's pension scheme but I'm really struggling at the moment to figure out which…
Would I be entitled..?
I am a 31 year old mother. I haven't worked since April 2003 when I went on maternity leave.My employment history is pretty sketchy. I was at uni until 21then worked part time for a year until returning to uni for post grad training. i worked as a supply teacher for 4 years working for different lea. I am getting quite…
Is there a web site comparing pension performance?
Hi, Is there a web site comparing pension performance (like compare mortgage, saving etc in 3 years) I am planning to pay some monthly month to a stakeholder pension, but not sure which one to choose. For example, at this page:http://www.cavendishonline.co.uk/COL/Pensions.htm there are 7 companies with different charges…

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