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Pension Investment (no Income)
Last year if I had invested my pension 'Pot' it would have lost 18% over the past 12 months. I need an income from this fund but cannot invest due to falling markets nor can I draw down from it due to reulations. What are my alternatives for investing to show a return and having a draw down. When these pension schemes were…
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Comments on IFA Fund Selection Please
Hi Guys/Gals, My DH is transferring his pension and we met with an IFA (pension specialist) last night to go through his recommendations. Current pensions are with Equitable Life and Standard Life (total fund value c. £100k). IFA suggests transferring both into Scottish Widows Retirement Account. On the basis of…
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paying my own national insurance
i pay voulntery nation insurance contributions as i know only work part time and wanted to keep them up to date. but i have heard that women dont have to pay them as long now they have changed it does anyone know if this is true
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Royal Mail Pension - AVC question
Hubby currently has 14 years in a Royal Mail pension and pays around £75 a month. He is 47 and would like to retire at 60. Luckily he has an understanding young wife (currently a youthful and beautiful 35 year old:rotfl: ) who will still be working during the period when he won't be and can't claim his pension, so I can…
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Which Funds? - FP New Generation Pension
My money within my above pension is currently sitting 100% in their Balanced Index Enhanced Fund of Funds but I'd now like to switch my £40k to a variety of riskier investments which I'm prepared leave for the long term. Going by FP's risk categorisation, that probably means a combination of "medium+" and "high-" funds. Do…
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Minimum Guaranteed Pension
Hi, Have recently retired with an occupational pension and with State Pension. The occupational pension like the state pension is suppossed to be index linked (RPI index) Recently have been concerned about the concept of a Minimum Guaranteed Pension as I was contracted out of Serps. How pays this? How is it index linked?…
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Advice for a Newbie
Afternoon everyone I am new to this site and would like some advice as to a pension. I am in my 40's and have an old company pension which I no longer contribute to. I have been working for another company for 4 1/2 years now. I can join their Stakeholder Pension scheme if I want to. I would like to ask how much I should…
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Pension on Retirement
I am in receipt of a service pension from my days in the RAF. Along with this I have been contributing to a pension fund whilst working since leaving the service. When I retire I should have a pension pot of less than £15,000 from this post service employment. Can I take this in total as cash due to its low value as…
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Cashing in pension
I am currently in receipt of a service pension from my RAF days. Whilst being employed since leaving the service I have paid in to a pension scheme that will provide a pension pot of less than £15000.00 on retirement. I have been told that I will be able to take this sum as a lump sum. 25% is tax free with tax paid on the…
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Dad Passed Away
Hi there, my dad passed away in january 2007. a heart attack :( he lived in newcastle. and his family us live down in sheffield. everything went okay his funeral everything it was a very hard time as we didnt see our dad often. anyways, i think he had pensions and money saved away, but no one knows where we sorted his bank…
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Help with pensions
Hi all, I have a few questions with reference my pensions and retiring early. My Pensions allow me to retire at 60 and I am 60 in December this year so not long to go. Let me let you know what my pension forcasts are for December when I retire: Surrey County council. Retirement Pension: £8,276.17 per year Retirement Grant:…
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wifes's lost pension
Hi my wife many years ago set a pension is there a way you can trace a lost pension that has been dormant for a number of years. We have heard it can be traced by her national insurance number. Many Thanks to you all
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New job - transfer old pension over?
Hi, I realise there probably won't be a clear-cut answer as it will depend on circumstances etc, but I was hoping for a pointer in the right direction e.g. what I should take into consideration. I've just started a new job. I was a member of the Skandia Group Personal Pension with my old employer. My new employer also…
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Pension loan(?) - Midland Bank/HSBC
Don't know if I'm in the right place for this query - but here goes! Some 10 years ago, I took early retirement/redundancy from my bank employment. I took a lump sum plus a monthly pension. Last year, I reached 60, and the month after my birthday, my pension provider, without any explanation, started deducting around £60…
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How to change pension provider
Hi, My partner has personal pension plan with Abbey life, about £15,000 - but she is not happy with their annuity offer, it looks as tho' Aegon can provide more - how does she actually tell Abbey Life she wishes to use Aegon for her pension, She would be looking at level plan gauaranteed for 5 years (if that makes sense)…
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how do you calculate lump sum
My husband retires soon,we have his pension details and a calculation of his pension.What we don't have is a calculation of what his lump sum payment would be if he were to take one.He has a final salary pension that has run for 38 years.Anyone know how we could calculate this ourselves.
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25%Lump sum and mutliple pensions
I have four different pension arrangements: - one relating to a DC scheme from previous employment, now with an insurance company - a contracted out SERPS pension - a final salary scheme pension relating to a previous employment - a DC scheme with my current employer As I will be 50 next year, and recently deprived of my…
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Republic of Ireland Pension Transfer
I have an occupational pension in the republic of ireland from a previous employment. I would like to transfer this to the UK ideally to a SIPP. I have contacted Hargreaves Landsddowne, Sippdealextra, James HAy and none of them are able to accept a transfer in from Ireland. I have been told that the scheme in Ireland is…
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Prudential Reattibution And Mums Pension Help!!
My mum is 60 this year she has three pensions State Company (local county council) Prudential She wants to take the Pru pension which she has been paying into since the late 80's but worries whether she will lose her rights to the potential Prudential Reattibution that may be paid by the Pru to its with Profits customers…
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AVC's
Hi I have an AVC which was due to mature in 2003 but have delayed it as everyone one said rates were so bad. I am now looking at the situation again as I am told rates are currently 'good'. However, the financial market seems to be in some flux right now, so my key question is: how are the rates determined? I know it is…
