-
Pension Tax relief on all income?
I know you can get relief on earned income but was wondering if it is possible to put all types of income into a Pension and get tax relief? For instance would it be possible to avoid paying income tax on savings income or rental income, by putting it into a pension?
-
Canadian State Pension
The UK State Pension people told Mrs Bag she could get no credit for her Canadian service until she is 65, as the Canada Pansion Plan only pays out when you are 65. Her UK state pension therefore is somewhat lower until she hits 65.(She worked in Canada for 15 years or more). Meanwhile some visitors from Canada in the same…
-
can i lose my stakeholder pension
hi i took out a stakeholder pension with virgin 2 years ago .my question is can i lose it all if things get worse i was told by some one at work that they lost most of there pension in 2000 can that happen to me in this day and age or am i safe im putting as much as i can in to it at the moment any help thanks.:confused:
-
occupational pension reduced by SERPS - I'm confused
My husband retired on ill health in February 2006 - he was 61. He gets a reduced occupational pension (final salary pension) because he hadn't completed the full number of years and also receives long term Incapacity Benefit. However - when he gets the State Pension at 65 the Occupational Pension will be reduced by almost…
-
Quick Q regarding fund initial charges
Hi, I have been investing in funds for a few years through Hargreaves Lansdown, SIPP and ISA. In general initial charges are removed via discounts however there are a few funds which have initial charges that Im interested in. Is this charge imposed EVERY time units are bought in this fund? ie not just the first time. e.g.…
-
Steaming, Red hot, Juicy SIPP Protected Rights News
Nudge nudge :D :D:D:D:cool::cool::cool::cool::eek::j:beer: http://www.citywire.co.uk/personal/-/news/money-property-and-tax/content.aspx?ID=305276
-
withdraw my pension
hi could some one tell me how to withraw what money i have with abbey life..iv hit hard times and this was a private pension i no longer need as i have a company pension...
-
Who has lowest charges on a stakeholder?
Hello there. Perhaps someone has a quick answer to the question in the title Since I'll be saving for the next 30 years I'm intending to stick my money into trackers for some time and see how they get on. So I'm not interested in stakeholders that claim to have brilliant fund managers, or huge numbers of fund options (how…
-
Starting pension at 55
I'm 55 and have no pension worth mentioning waiting for me - a couple of hundreds of pounds per annum. Is it worth starting to put money into a pension now? Or will I simply lose out on benefits like help with council tax, dental charges etc with the small pension I'm likely to get. I couldn't put much into a pension…
-
Pension or ISA?
:eek: HELP! I dont know what to do. In the past due to peoples experiences around me I am seriously thinking of cashing my pension in & just putting it all in to an ISA or some other investment so I have control over it. Over the past months I have tended to not trust pensions companies & got more frustrated with them.…
-
early retirement/ill health
my dad is due to retire in october but he is in bad health and after just having a week off sick it is looking like he may not go back. He works for the civil service (will be 42 yrs) and they have said could retire the end of July but from the illustrations they sent the pension and lump sum will be lower. I was wondering…
-
RBS staff pension
Hi all. I am trying to get some up to date info on a frozen 14 year staff pension I have, when I worked for NatWest, many moons ago. The correspondence I have is three years old, says Royal Bank of Scotland Group Pension Fund at the top of the letter and an address in Croydon, but no phone number. Would anyone know of a…
-
Temporary contract & Local Government Pension Scheme
I will soon be starting a 6 month contract which offers membership of the Local Government Pension Scheme. I have a choice as to whether or not to opt in, and was wondering whether there is any kind of consensus as to the right choice (although I suspect the answer may be "it depends"). My instinct is to opt out - tiny…
-
Pension help
Hi, I am a 24-year-old Graduate, and i am thinking about starting a pension this year as i was advised that the more i put in when i am young the less i will have to put in when i am older. I have tried to research the various types of pension available but am in need of guidance. My employer offers a Stakeholder Pension…
-
Should I Combine NU and FP Pensions?
I have two pensions which I am considering combining and would be grateful for some opinions as to whether I should or not. I'm not looking for any specific recommendations for fund selection as both now offer a wide choice but I am interested in whether the choice is comparable and whether anyone has any strong opinions…
-
Serps
Hi I opted out of the state pension in the 80's and money was put into a stakeholder pension plan, this appears to have been stopped now as I have received a letter cancelling payments. How do I get the money invested in this transferred to my current pension plan which is with the NHS as I contacted the co and tried to…
-
Strating a stakeholder pension
I would like to start a stakeholder pension for my son who has just turned 18. I would only be investing £50 a month until he leaves (university). The idea being to get something started early for him which he can take over when he starts working full-time. Can anyone give any advice as to how to go about finding a…
-
Help with calculations!
Hello all you people who can work out pensions! I'm trying to find out if I can afford to retire early (I'm 57 now). I'm in the NHS pension scheme and I've had a quote which gives me a pension of around £12000 per year and a lump sum of £36000. I've also got £80000 in savings. What I want to calculate is how much of my…
-
Local Gov Pension Scheme
Hi we want to pay extra contributions through my wifes pension scheme which is the West Yorkshire Pension Fund and have been told two ways of doing this. One is the Additional Regular Contributions ( ARCs ) in which you can buy extra annual pension in blocks of £250 for a set amount each month, secondly is the Additional…
-
NI deductions on pension payments
I am looking at the benefits of a salary sacrifice scheme and want to understand: 1) are employer and/or employee NI deductions made on contributions made by the EMPLOYER to a pension scheme? 2) are employer and/or employee NI deductions made on contributions made by the EMPLOYEE to a pension scheme?
