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effect on pension when working overseas?
Im off to Texas for 3 years with my work :j my wife will be leaving her part time employment to join me and is looking forward to the holiday:rolleyes: I will continue to be employed by a UK organisation with PAYE/NI etc What effect would this have on her state pension, her right to access NHS services or other potential…
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Asset rich - fun poor!!
We could be in this position and would love some responsible fellow MSE'rs opinions please: Retired with modest but comfortable pensions and no debts. Due to inherit c.£100k in due course House worth roughly £250k at todays prices (but its old and fairly costly to maintain) No children or close relatives we wish to leave…
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protected rights fund
Can somone explain to me exactly what protected rights means and why providers want to avoid it. thanks.
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weird pension thingy
I know nothing about pensions, but OH has been working for a company since about 1991 and apparently has a pension with them with Equitable life. There is also the SERPS pension, now, a long time (circa 1987) ago someone told her it would be a good idea (because there would be no pensions in the future) to swap out of…
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Not knowing about Increased Retirement Age
I have been in the unfortunate position of having to inform two ladies (separately) who are one aged 46, one aged 53, that they will not be getting their State Pensions at 60 as they had assumed. (This was just something that came up in ordinary conversation). They were both gobsmacked and shocked because they didn't know.…
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Sacrificing some of my Pension Asset
Hi One of my previous employers is closing the pension I was in has given me 3 choices; a) Cash in the scheme but lose about 15% of the fund b) Transfer the fund to my current employer with the same lose 15% c) Do nothing and it will be transporting automatically into a different product Now I was only in this scheme for…
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Did you watch the programme about the pensions tonight?
I have been paying into a private pension with Eagle Star for around 16 years ( only around £50.00 to start with and i now pay around £65.00). Now i do realise this amount will be relatively useless when i reach age 65 ( i am now 40) I realise i can stop contributing to it if i choose to but my question is this can i only…
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My employer has ended the final salary pension.
We were informed last week that our company have decided to end the defined benefit (guaranteed pension) scheme and replace it with a defined contribution scheme. I can see why they've done it; in promising a pension they were taking on all the risk of the scheme. With the new scheme they just pay their bit and the…
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Old Pensions
I must admit that I have been a bit lax through my younger years and not really taken much notice of my pensions as I thought I would deal with it later!! Anyway later has now come along and although I have been paying into a pension scheme with my current employers for around 5 years - I would like to know if there is a…
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Best place to get pension advice?
Must admit don't understand much about my pension. Received a letter from my company i can now choose how my pension contributions are invested. Having no idea what is the best option, who are the best people to go for advice.
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Solicitor in York
Hi, hope I have put this in the right place. Can anybody recommend a good solicitor in York that could sort out for me a Protective Property Trust. If so do you have any idea of potential cost ? Thanks in advance
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Equitable Life AVC's
I have a frozen AVC account which I had paid into for a couple of years until leaving nursing. I now don't know whether it is worth just cashing in the money I put in. I have been told it is possible to sell this on. Is this true? I am in two minds to cash it in as I could do with the money even though it is only a…
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Use of old pension or brand new one?
Hi I am currently self employed (no pension) and looking to reduce my higher rate tax liability for this year (and invest some money) and understand that making a pension contribution is about the best way to do this. (?) Any other ideas are welcomed. If I choose to make a pension payment, I can either set up a brand new…
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Not worth transferring old pension?
I gather from reading these threads that it is generally unadvisable to transfer a final salary scheme to a stakeholder scheme? I'm 25 and worked for my old company for just over two years (final salary scheme). My deferred pension would therefore be £635. Transfer value they have given me is £2,648. I am now working for a…
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£220 million in defecit. Deferred pensioner, should I take cash to leave?
Between 1991 - 1997 I worked f/time and had a non contributory final salary company pension. I was made redundant at the end of 97 when another company took them over. I have not contributed to a pension since mainly as I have only worked briefly, part-time or not at all due to going on to have a family. The company that…
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how secure is my pension?
on tv this morning i saw a poor bloke ( just one of thousands) that had paid into his works pension scheme ( all his working life ) and was due to get 25k per year. however, the company have gone bust and he will now recieve NOTHING. The government will not be compensating him ( or the rest of the workers) and apparently…
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New Contributions
Sorry if this has already been covered, Having vested my EPP into a sipp for drawdown and taken cash etc, i now find that my company will continue to make contributions for me. So although i am going to france and they will not recognise any uk tax wrappers, should i or can i put the new contributions into an ISA or such…
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help
Hi all im in my early 20's and thinking about getting a pension:confused: :confused: i know nothing about them apart from the fact i need one and dont have a clue where to start. Any help would be appreciated. cheers
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How much do I need to save in a pension?
I am 45, currently paying into a money purchase company scheme where the company put in more than me (about double) the fund was worth £19 k last April when I got my last statement. I also have a private pension that is now in a NU Stakeholder Pension worth just over £57 k today. I am about to lose financial responsibilty…
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Buy-back years?
I am in a Local Government pension scheme and have been for about 12 years. I heard about the possibility of buying back earlier years in the pension, before I started work. As I didn't start my career until 29 years old I wondered whether this would be a cost effective route to take. As the scheme is still a good one I…
