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advice
As my previous post was a bit long winded i didn't get much response, basically i will be leaving the country, what should i do with my house, i will not return to it as it's too big, should i let it as is (that's if it will , it's a bit remote and people may not want to pay that much) or sell it and buy several smaller…
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National Insurance Contribution shortfall
My husband has just got a letter from the National Insurance office telling him he underpaid NI during 2004-2005 by £370.00. If he wants that year to count towards his state pension he has to pay up before April 2011. Now my husband (aged 46) has worked for the same employer for the last 28.5 years so what we are trying to…
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Help - How much to pay?
This is my situation. I am 49 years old - earn £25500/year - have an £8000 mortgage (5 years left) - a loan of £4500 @ 5.9% - a credit card balance of £2500 currently at 0% (balance transfer rate) - savings of £4500 @ 3.8% and no pension. I am eligible for the company pension scheme (held with Sun Alliance) and am told I…
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Disappointment with section226 pension scheme
I am 55 and have been contributing to Sec226 Norwich Union Pension Scheme for about 20yrs. I have not received any bonus for 3yrs now, upto Aprill this year Govt legislation prohibited me from joining another scheme at the same time. What would be my best plan of action now to provide myself with some additional income…
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help with hubbys pension
Hi all, this forum is great and many thanks to all you wise guys who contribute your time and expertise especially dunstonh and edinvestor whose "friendly banter" just completely cracksme up!I am at the moment doing a complete overhaul of our finances and want to ask some advice about hubbys pension.He is 39 and in 1991…
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help with hubbys pension
Hi all, this forum is great and many thanks to all you wise guys who contribute your time and expertise especially dunstonh and edinvestor whose "friendly banter" just completely cracksme up!I am at the moment doing a complete overhaul of our finances and want to ask some advice about hubbys pension.He is 39 and in 1991…
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fund switch
Hi, i am in the process of transfering my executive pension to a sipp taking the tax free cash on the way, the fund has done quite well of late however as i fear it will drag on for some time yet should i tranfer it into something less volatile, or do you think the markets will remain bullish untill the end of the year.
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move to france
I've not posted for a bit due to my girlfriends illness and things have changed since my previous posts, originally i was selling everything and trying to invest either here or in france, my business partner has now convinced me to stay untill i'm 55 giving me another 3 years to work, When i go i will take a wage cut to…
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help pension buff needed
.................moneysaver-age 39-new pension started.................. i have 2 frozen pension schemes with previous employers neither was a final salary but money purchace or bonusbuilder pension (1) has 4600 and pension (2) has 7700,both frozen,both of these amounts i could transfer in my new company scheme....(i have…
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Risk-free investments?
Hi there, I have a low-cost online SIPP with Selftrade, and I'd like to be able to devote a portion of my funds to a risk-free investment. Basically, while I'm happy to invest some of my money in shares/funds/etc., I'd like to keep a portion of the capital away from those risky ventures so that even if everything goes…
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Cashing in company pension
I have accepted an offer from my former employer of a lump sum payment of £27,000 and a pension of 3600 per year. However I have been advised I have to give them 6 months notice and I can take the pension from 1 April 07. This is a final salary scheme. What concerns me is that when they come to paying out the amount it may…
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Pension/savings/mortgage assistance
I am not sure where I should post this, as it crosses several areas, so forgive me if its in the wrong location. At present I have an offset mortgage, and 3 savings accounts one of which is my pension fund, one is a rainy day fund, and the third is a fund for my daughter when she goes to college where you put our family…
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State and private pension
Hi All I have a pension with work and got a letter yesterday detailing what state pension I would get when I retire (£91 per week it was) I am very new to pensions (or at least trying to figure them out) I joined my work pension 7 years ago and am now 30 and at the moment it states if I retire at 60 I will get £15,417 per…
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Ethical Pension Funds
I started working for a small firm just over a year ago and had to sort out my own pension plan (I had been in my old employer's one up to that point). I took out a private plan on the advice of my IFA (a pension specialist). He wrote off ethical funds when I mentioned them. Do they really perform as badly as that? Should…
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What about my wife ...
I've got a decent pension arrangemnt for myself, employer stakeholder type scheme, I pay 10% + employer match ... although I don't see this as a job for life ... what jobs are these days, so a future employer may not be so generous. at 38 my pension pot is ~30K now, (I started late but now catching up) My wife however is…
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Spent some of the pension
Am a newbie in this part of the forum but I am sure you will help me. My OH has been out of work for a year. He was given his pension contributions (2 years worth) when he was made redundant and he paid it into his bank account and has used it to live off. I have only just found this out and am pretty concerned. He has…
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Pensions and 40% tax relief
OH has just gone over into the 40% tax bracket by about £1200. Is he allowed to claim the 40% tax relief on his pensions (one sipp instead of FSAVC and his TPS scheme) or do you have to be earning lots more than the £38,335 before the beloved taxman starts letting you claim it back. Also is there a website that advises…
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PENSIONS!total newbie needs advice!please
HI everyone, I wonder if anyone out there can help. Im 23 and self employed. I dont and never have paid into a pension. I have heard so many pros and cons about pensions and savings i just wondered what would be the best for me! I cant realy afford to pay into anything but know i must do asap. Just like to hear anyones…
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How much of my salary should i be putting Away
Hi can anyone help please I earn £28,000 p.a. and my company currently put in 5% into my pension I put in £20 per month - been doing this for the past 7 years - realasticly how much should I be putting away each month to provide me with a decent pension. i.e, if I put 5% of my wages in also how much I am looking at getting…
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Deferred Pension
Hi There, Just wondering if someone can give me some advice. I have a deferred pension from J.Sainsburys which I had for about 5years. There's not a great deal in it as I was only part time. I am now wondering if this can be transferred into a high interest savings account?? If not, is there any reason why it can't be??…
