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FSAVC.....Transfer Value Ripoff !!!!
I set up a FSAVC with Allied Dunbar in 1990 ( I was 29 )....making 3 payments into the scheme in 1990,1991 and 1993 totalling about 39K. The initial retirement date set was 55. The fund is now valued at about 97K but the transfer value on it is only around 75K. :eek: I am only allowed a very limited choice of ex-Dunbar…
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Redundant and pensions
Hi i am after a little guidance i have recently been made redundant and i have 2 pensions 1 which was a company pension with standard life i got made redundant from that in 1996 this i carried on paying as a private pension at around £50 a month i started this company pension in 1987. My current job also had a company…
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Writing a will
I would appreciate any help possible in going about writing a will. is it best to use a local solicitor? A specialist solicitor? Or is it OK to do a DIY CD Rom one? Thanks:confused:
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pension financial advisor!
Hi My husband pays into two pensions and has a frozen one, we do not understand anything about pensions - Have decided we need to sort them out and assume it would be best to use a financial advisor to do this, but I am very untrusting of 'financial' people in case they are not telling us the truth about what is really the…
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National Insurance and Pension
Hi, My dad has heard that if you've paid NI for 44 years, you don't have to pay it anymore and you can claim back any NI paid after May last year. Is this the case? If so, would not paying NI anymore affect his pension in anyway? Cheers
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Transfer Out of Company Pension Scheme. Options???
Hi, My 1st post so please bear with me. In the last 6 months I have left my former employer. I am in the process of setting up my own business. I was employed by my former employer for 18 months. As I did not do 2 years service I will not get a pension scheme with the former employer. I am now in the process of setting up…
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Pension Vs Other retirement funding??
Just wondering what to do for our long term planning: OH has a Friends Provident personal pension which he has had for 15 (approx) years he still pays in around £40 a month. I pay into the NHS scheme - on and off for years and at the moment I work VERY part time. Now we realise OH pension is going to provide us with nearly…
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Over 60
Hi veryone, I beleive that once you turn 60 there are a few things that can be claimed and reduced ect. I dont know if this is the correct forum to ask this but if anyone has any info or websites I would be very grateful. Regards Tony
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One more time Group Standard Life Pension
Hi I am also member of my company's group pension scheme (Standard Life) which I joined 3 years ago. I contribute 3.5% and my employer contributes 10% At the moment funds invested are as follows: Stakeholder Managed Fund 30.00 % Stakeholder Property Fund 30.00 % Stakeholder European Fund 40.00 % I am thinking of switching…
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Protected Rights
Does anyone yet take protected rights funds for drawdown? or is it likely this year. thanks.
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state pensions guidance
Someone has told me it is beneficial to claim yourself and your wifes state pension individualy instead of a combined pension . does anyone know if there are any advantages or disadvantages My wife claims hers now she is 61 i will be claiming next year thanks charles
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Basic pension question - is mine any good?
Hi all, About to turn permanent at the company I work for, and I read briefly about the pension scheme but I don't know how it compares with anyone else's, or whether pensions are in general a worthwhile investment currently. 3% of pension from company, plus contribute up to 6% and company will match can contribute a…
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Is there a right answer?
Following a divorce settlement I have been allocated 47% of my ex-spouses benefits from his ex-company pension ,which I can internally transfer to me but not add to my own ex-company pension( we worked for the same company).The final value can be used to buy benefits within the scheme or can be transferred externally to an…
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Please help in interpreting pensions projections
I would be most grateful for any advise in interpreting projections. I have read the detailed discussion about SERPS/S2P thread. My queries are 1. the projected funds at retirement come under 5 headings - higher growth rate 9%, middle growth rate 7% lower grothe rate 5% and two under REAL growth rates 3% and 1% - what…
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Pension at 50 ?
I will reach the ripe old age of 50 this year...i am sure that i read something saying that you could take part of your pension at 50. I served 14 years in the army and paid into the pension....and at the moment i am paying into a stakeholder pension at work....can anyone tell me anything about this ?
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Refused IHER
Hi, not sure if this is on the correct board, so please feel free to move it if it isn't. My husband is 43 years old and for the past 2 years has been on long term sick leave as a labourer for the local council. He went on sick leave with severe back pain and was referred for physio and to the pain management clinic and…
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Writing a will
Hi, I am new to the site and hope I might be given some good advice. I have finally accepted that I must write a will (I am divorced with a teenager living at home). How do I go about it? DIY CD ROM? Specialist solicitor? Ordinary solicitor up the road? All advice gratefully received.:confused:
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Pensions, Contracting and Tax Relief
Hello Firstly, I apologise for my stupidity, but for me tax and pensions belong in Arthur C. Clarke's Mysterious World. I recently started contracting and have been advised to open a pension scheme for tax purposes. From what I understand - and it is very little - what I pay into a pension scheme doesn't get taxed. I was…
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Should I Put Money Into Nhs Pension
Looking for a bit of advice I am 37, married with 2 kids and work for the NHS. At the moment (from a job previously i opted out of SERPS) but i am wondering whether it would be worth joining NHS pension scheme. At present I get my wages and also dividends from husbands company so it means i am paying tax at the higher…
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Serps misselling update
Telegraph FSA ruling delayed: Which? to launch campaign. Lack of documentation could mean companies cannot defend themselves against complaints, as with many endowments.
