-
Annuities -Please help me undestand
Hello I am 63 now and still a dummy. In the early 70's I was self employed and I took out an annuity, which lasted ten years and then had to be "fully paid up" because I started PAYE work. Also, in 1981 I again started self employment and joined another annuity,since which time I have been paying gross premiums of £50.00…
-
Confused
Duruing the past eight years since getting divorced I have been slowly getting myself debt free following what I had to pay in order to get the "clean break", along the way I made quite a few sacrifices and paying into my personal pension plan was one of them. I now have a decent company pension but they will not let me…
-
help,save privately or via ltd company
Hi, I run my own limited company from which I draw a basic salary and dividends,and have decided to start saving a pension. I have just read the article on pensions, I am still confused tho, am I better off saving privately or involving the company in some way? Thank you
-
Barclays Pension
Hey guys I would like to know your views on my pension, yesterday I received a statement from Barclays: Retirement Date: 07/06/2037 Possible Fund @ Retirement: 129,000 Current Contributions: 98.48 (+ Gov Gross to 132.57) Total Payments to Date: 9,904.26 Current Value: 11,917.07 / 1,252 units Current Growth: 7% unit-linked…
-
Nuvos or Partnership Pension?
Ive just been offered a civil service pension and am confused which is the best option the Nuvos or Partnership? Im a 39 year old man,I have a frozen 16 year royal mail pension,soon to be married any advice welcome Cheers
-
Section 32 buyout questions
I posted a while ago that this wasn't getting any bonuses and someone kindly pointed out that the guaranteed benefits were likely to be good and outweigh everything else. Well I finally took the 5 mins to write to NU and ask for details - they responded in a couple of weeks which I think pretty good. I have a couple of…
-
Will be starting a pension soon...
So I'll be starting my graduate job next month and will start my first private pension with them. They will pay 9% of my basic salary into a personal scheme with Standard Life Assurance and I can make my own contributions if I wish. Note the rate doesn't rise if I pay-in, it's a flat rate. I know this is a generous rate…
-
Stakeholder, SIPPs & tax relief
I have just received a substantial redundancy payment. So far I have only been taxed at 20% but I will have a substantial tax liability for higher rate tax. I am considering investing some of it in a Stakeholder or SIPP in order to make the most of the tax relief and hopefully reduce my tax liability for this year. Can…
-
Pension Help
sdgbsz dfbdafb fbvafdbdfb
-
pension arrangements for husband & wife
Times are hard.
-
Pension forcasts
Just getting my annual pension forcasts in. When they calculate your pension, do they assume you will take the 25% tax free element before calculating?
-
Starting First Pension and Very confused...
I'm 25 years old and about to start my first pension but still unsure as to which provider I should go with and what charges are good/bad I went to a Financial Advisor at Nationwide who recommended a stakeholder pension which is run through Legal & General as a FTSE tracker index but charges fees of 1%. Can anyone help at…
-
State pension/ill health retirement?
I wonder if anyone can help me with this please. My husband is 61 and has been self-employed for 14 years. He has no major pension plan other than a small amount due from a previous employment possibly amounting to about £25 per week. He was invalided out of the fire service many years ago after only 6 years service and…
-
Can i cash in my pension?
Hi all,wonder if someone can advise me please.I have a pension with Norwich union but stopped paying into it in a couple of years ago.It is just under £9,500 and wondered if i can cash it in.I cant see anyway i can afford to pay anything into it at the moment. Thanks in advance. Ben.
-
Care Home Fees?
My mother in law has had to go into a home this week due to the fact she is needing a little professional care than she can gets at home ( dementia has started so not safe to leave on her own for long periods). 5 years ago my mother in law sold her house, my wife and i sold ours and we all moved in together with around…
-
How much does your employer contribute to your pension?
My husband currently has a pension that was a Group Personal Pension but now in his own name so I guess private as he left that company. His employer pays 10% into it each month. Not sure what our % is but we personally pay £100 a month as well. He has been offered a new job that is a bit more basic but the company only…
-
Redundancy & pensions/fsavcs
Hi, I was made redundant in March but didn't get the payoff until this financial year (so I have paid tax this year). a) Can I keep on paying into my fsavc (I believe this is now called a private pension?) or do I have to suspend it until I get a new job? b) Do I have to advise the pension company that I am not currently…
-
First Pension
I have just finished my degree and will be going into a job in august. The company has provided a stakeholder pension plan with L&G which they have "negotiated" a 0.75% AMC. I was looking on this site and was directed to Cavendish Online and noticed the plans there had as low as 0.20%. I have no idea what plan is best for…
-
How To Prepare For Retirement?
Can any of you experts advise, please? I have 2 years to go to 60 when I shall be able to take my preserved Civil Service pension of around £18k pa and lump sum of £54k. I have 2 AVC funds: - Scottish Widows WP fund worth around £40k - Standard Life unit-linked fund worth around £40k I had thought of amalgamating the two…
-
local government pension scheme
I am in my LGPS and would like to find out if I can finish work at 50 and how much pension I will recieve, is there a web site that I could go on to let me know the figures, thanks
