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Comparing Pension Charges / TERs etc.
Having tried and failed to find an IFA that will offer reasonable commission rates, I am now considering H&L for a pension. Note: I have taken onboard the previous comments about Skandia vs Selestia, just using the figures for comparison. Whilst, I am familiar with the concept of Total Expense Ratio when looking at funds…
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Help! Can we ask for lump sum instead?
Hi My dad died this year leaving my mum with various pensions which left her financially secure (although not rich!). He had some pension funds which have paid out their value as lump sums as he died before he retired. He had another scheme through his work that he didn't even know about. This scheme pays my mum 3/8 of his…
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Transferring PPP Into Company Plan
Under new legislation brought in on December 1st 2006, the rule excluding me from joining my company scheme because I had previously joined a PPP has been dropped. I therefore propose joining the company plan and transferring the value of my PPP to the company plan to buy years of pension service. My question is: in order…
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drawdown info
I know this may sound a bit stupid but as my company will continue to pay into a sipp after i've gone to france, i'm not sure how drawdown works. I will be starting a new sipp as i cannot add more to the one i've transferred my EPP into as it's been vested, am i right in thinking that you have to invest in yield bearing…
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SIPP provider wanted
Hi, I don't have a SIPP at the moment and am considering starting one. I've looked through a lot of the threads have some basic understanding. I envisage to have mostly individual stocks in the SIPP and ease/access to different markets/cheapness of dealing is important. I would prefer no annual fees. I'm not so concerned…
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Group Standard Life Pension
Hi, This is my first post on here so bear with me. I am a member of my company's group pension scheme (Standard Life) and like many group pension schemes I've watched my pension decrease in value year on year. I would like to know if it would benefit me to change my investment funds (I can do this) and would it be better…
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Deferred Pension query.
I have a deferred pension with an ex employer and it is in a final salary scheme. I have received details today and it states that the DP in excess of GMP will increawe each year at the rate of 2.5 percent per annum until retirement date. It then says GMP will increase each tax year at the rate of 4.5 peercent per annum…
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how to set up a pension?
i have some general questions regarding pensions that i hope someone can help me with: 1/ do i need an IFA to set up my own pension fund or can i do it on my own? 2/ my work have advised that they will give me a lumpsum to put into my own pension fund, but there is no 'work-sponsored' pension scheme in place. i know these…
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avc's change
Does any one know anything about these funds. The Baillie Gifford Worldwide Equity Fund, The Newtone Global Balanced Fund, The Standard Life Cash Fund, The Standard Life Protection Fund. I can invest my AVC's with these funds or stick with the Standard Life's With-Profits Fund. Any ideas?
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too old for a pension at 53?
have been paying into a company pension for one year, with employers contribution it amounts to £200 month. not got any other pension whatsoever. am i wasting my time? should i be investing money elsewhere?
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How Many Funds
Hi, i have just switched my epp to a sipp, before retiring soon to france, having done more research it seems i will be better off investing in france with the rest of my wealth but i have 80k in the sipp that i can't do anything about, how many funds should i invest in,(for income) Am i right in thinking the more funds…
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ITV Big Pension Prog
Thought you may be interested in this (its a press release, not by me, but I thought pension MoneySavers would find it useful.) Martin Where’s My Pension Gone? Transmits January 25 at 9pm on ITV1 Critics say we have a pensions crisis - hundreds of billions of pounds saved by members of employee schemes have vanished…
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Serps/stakeholder?
I only work part time and dont work enough to earn NI and havent for the last 10 years (been looking after children), but in a previous job i opted out of SERPs, I have had a letter from Friends Provident saying I should decide if i want to op back in??? My present employer contributes to a small Standard Life Stakeholder…
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Pension - FTSE 250
Hi, I have recently been offered a job by a FTSE 250 Retail company. As part of there offer they provide a defined pension scheme where they match upto 5%. Obviously many of the companies I have been researching for jobs within London offer better pension contributions than this (upto 17% where you contribute 3%). Would…
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stupid question
Hi folks, I had a company pension through Norwich Union which I had been paying into for about 10 years. I have recently got a new job & have not transferred it or done anything to it yet. My stupid question is can I gain access to this cash now, even if I have to pay a release fee. I am 30 yrs old & like I say have been…
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Pensions for children.
Hi, Am looking for information regarding starting a pension for my two nieces who are currently 10 and 13yrs old. I read an article somewhere about this but didn't take much notice at the time... Anyone point me in the right direction please? If I were to put £20 month away for them each, regularly, would a pension be a…
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Pensions for children.
Hi, Am looking for information regarding starting a pension for my two nieces who are currently 10 and 13yrs old. I read an article somewhere about this but didn't take much notice at the time... Anyone point me in the right direction please? If I were to put £20 month away for them each, regularly, would a pension be a…
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Still don't get the salary sacrifice thing....
I've read through the sticky, and the salary sacrifice only seems to be advantageous if you're earning above the high tax threshold. My situation is that I am 30yrs old and earn 29805p/a gross. I have no current pension arrangements but have the chance to join my employers scheme which is the teachers pension scheme (final…
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40% income tax and pension
My husband pays 40% income tax, and pays £200 a month into a personal pension plan. He fills in a tax return each year. Does the government automatically top up his pension with the appropriate amount of tax or does he need to reclaim this in the tax return? He only mentioned this to me last night, he's had the pension…
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white paper on 30 years ni contributions for full state pension
white paper about 30years NI contributions for full pension Quote: Originally Posted by jamesd Yes, that's part of it. It won't be decided until the bills have passed but the speech itself is on 15 November. Expect plenty of news coverage. Has anything been sorted out yet, please. just wondered if you only need 30 years NI…
