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The BEST SIPP ?
Is there a website that compares all the (online) features and functionality of the different SIPP's on offer, and a practical comparison of costs? I say practical because some SIPPs quote "£10 per pension payment"... I assume this means they charge £10 every time you drawdown YOUR pension money. (What a cheek!) Imagine…
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Tax relief confusion
Hi, I'm planning to make some additional pension contributions via lump sum. I've been trying to confirm how much tax relief I will get. As a higher rate tax payer the tax on a marginal £1 earned will be 40p so for a contribution of 60p, I would expect to get 40p relief in total - a 'return' of 66% but I have come accross…
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pesinson confussion
hi i am 20 an earn about min wage, can any one help i wont to start up a pension but i am confussed about which on i should go for. thanks Daz
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Pension Transfer Via Cavendish
How long does it take to transfer a stakeholder pension? I'm trying to transfer my stakeholder pension from Virgin Money to L&G using Cavendish. I received a letter from Virgin Money at least 12 weeks ago, informing me that that they had sent the fund value to L&G. But since then nothing. I have had to continuously chase…
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Stopping pension Premiums
Hi Can someone give me some advice please my husband suffered a heart attack in April of this year and is still off work and will be for quite a few months. He is unable to claim any money from the state because I work over 16 hours per week. I contacted his Insurance Companies (2) and enquired to whether he could claim on…
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teachers AVCs with the pru
Hi, My husband paid AVCs for about 10 years due to joining teaching in his early 30s and having no previous pension. We have stopped paying into them recently as we have young children and need the cash now!! Is there a way in which the money can be reinvested as he seems to have paid in about 13K but will only get £750 a…
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What Should I Do
Hi I’m employed and 36 I had a Canada Life Personal Pension (with Serps) and I chose to increase it, at the time I had to get a 2nd little pension from Canada Life as I couldn’t increase the original one. Then I stopped contributing to them both for approx 5 years as I was self employed and couldn’t afford it. I am now…
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Pushy American Salesman
Has anyone heard of this company Laidlaw. He called me today asking how much I held in stocks and generally being pushy (which is their job i suppose) Ive just heard about these scams before but wanted to know if this form was legit. Their website is laidlaw.com Cheers
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Pension unlocking
I have got 11K in a legal & general personal pension. I am 54 is there any way I can this money out?
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Lump sum to invest
I am looking for some advice regarding pensions and a lump sum. My ex-employer has wound up its pension scheme and I requested that the money be paid back to me so that I can decide what to do with it. I have £10,000 or so coming back to me in the next week, and would like to know what's the best way to invest it. Do I:*…
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Redundancy/Early Retirement.
My husband is 55. He has been hankering after redundancy from the company where he has worked for almost 24 years. He does not want to work full time anymore as his family all died young and he has a 'thing' about it! In fact I am not sure that he even wants a part time job, just wants to do things around the house and in…
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Pension Statement concerns
My wife has just received her pension statement. Neither of us are particularly pension savy so I'd appreciate some advice as to whether she should continue the pension or look at some other option. My wife is 35, there is currently 9K in the fund, she currently pays £122 and this steps up by 8% each year. Her retirement…
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Changing IFA
Hi many thanks to all those who answered my earlier post re my IFA's charges. From your replies it looks like I am being seriously overcharged for arranging income drawdown ( 3% commission amounting to £3900 on top of trail commission ) So, before going ahead I reckon I should change my IFA. My naive questions are - is it…
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Contract back in or not
Firstly I must admit to knowing very little about pensions. When I was 18 I contracted out through Barclays (But didnt take out a private pension with them) I instead took out a private pension with what is now Friends Provident. I am now 35 and I have been paying in £40 a month since I was 25 and was paying in £20 a month…
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To transfer pension, or not
I left my previous employment 3 years ago and stopped paying into a company pension scheme. I only paid into it for a short while and the transfer value stands at £1,580. My present company has started up a stakeholder scheme through HSBC for me and all I wanted to know was, would it be best for me to transfer the £1,580…
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Pensions
Hi !! Lookin for some advise . I m 29 and looking to start a new pension but been researching the market on pension .. I m finding it very hard to decide which provider should I go with. My employer doesnt provide any pension deals at all so looking for private ones .. Getting a biased advise on the market .. most people…
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State pension query
On another thread a poster has said that her son now in his 30s will not get a state pension although he is still paying tax and National Insurance contributions. Is this right? If so how old would the last person to get a pension be now?
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Pension & Debt
Hi there I know this is a long shot and I know the answer is going to be no but with the wealth of people on this board thought I would ask anyway:p I have around £18k worth of debt, I have a pension with a current value of £35,000 which accumulated when I was in a decent job. Am I right in assuming I cannot cash in or…
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NIC Contributions over 30 years
I am 52, female and I have paid NIC for 31 qualifying years. When I rang the pensions Office was told that I will qualify for a full pension when the time comes. I am now only working between 9 and 15 hours a week at a rate of £8.50 an hour. Some weeks I pay no tax or NIC but sometimes I do pay a small NIC amount. Do I…
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Equity Release
Hi, hopefully someone here might be able to advise me, the question I have is as follows: My 74 year old mother has virtually no savings, an interest only mortgage of £15000 to be repaid on her death on a house worth approx £100k She is now in the position of needing approximately seven thousand pounds of building work…
