-
‘flexible contribution’ SIPP
My SIPP pot is being eaten up by the admin fees, and at present I cannot make contributions. The transfer/ set up costs on both ends will be easily be offset by the saving in admin fees in the time that I will be without contributions. So, I am looking to transfer to a low admin fee ‘flexible contribution’ SIPP, where I…
-
Track pension performance
Hi Does any one have any links to spreadsheets I can download that I input price/units each quarter when i get my statments then be able to track my pension fund performance over the years. thanks
-
IFA Charges
I am looking at doing some retirment planning so I called an IFA to review. I have about £400k spead over 8 different pension plans. He took the usual details and advised that he could take a fee or on commission. The fee he said for him to give a report would be in the region of £6000-00, but if he went the commission…
-
Alliance Trust SIPP - changes
As from 1st September 2008, Alliance Trust have increased their fund range to more than 3000 funds (oddly not including Invesco Perpetual at the moment) and changed their charges for the Select SIPP. They now rebate all commission including part of the AMC. Main charges excluding VAT are: £50 Transfer in £75 AMC £125…
-
pension sharing costs
Hi Can anyone help me please. My partner is divorced and there has been a pension sharing order whereupon the scheme has now dishcharged liability at no cost. His ex has had an external transfer to a pension of her choice. She is now expecting my partner to pay for half of the commission that she says she is being charged…
-
Retire at 55...am I on course ?
Hi everyone I am 53 years of age and would dearly like to retire at 55 if possible, but certainly no later than 60 years of age. My current financial situation is as follows: Marital Status: Married ( wife is a carer for my eldest daughter) Financial position: Homeowner ( no mortgage) Sum of company pension scheme values:…
-
Increase contributions to avoid all 40% tax
Hi I think my pension needs a boost and I am considering paying all of my salary that gets taxed at 40% into my current plan (or start another). I currently pay £500 per month into a Clerical Medical stakeholder which means that my taxcode is 903T 1) Do you think this is a good plan? 2) How do I work out how much to…
-
Lump at 50, what about the 75%
I have two PPs, one holds all my Protected Roghts(PR). approx 25k each As I am 50, I am determined to take both 25% lump sums, what can happen to the other 75% in both the Private contribution pot and PR pot?, can I;- a. leave the remainder in the PP until later, or am I forced into CP annuity OR other compulsory action?…
-
Can a non-working person contribute to their pension aswell?
:o Silly question but I will ask it anyway since its been on my mind for such a long time Can a non-working person (i.e. a student) contribute towards their pension aswell? Im relatively young (24) but still want to prepare for my future. For example, can I pay £20 a month? (I have some money saved up).
-
Am i wasting my money
Hello, This is my first post on these forums and i am looking for some good advice on Pensions. I am 23 and through my employer i pay £150 into a scottish widows pension per month, my employer also pays the same into it. I have had many different opinions on paying into a pension, some guys say not to, as it will be worth…
-
Collecting pension
I an appointee, can I nominate someone else to collect pension? If so how do i go about this?
-
difference between nominee and appointee
what is a legal difference between nominee and appointee.
-
Private Pension - 2 Change or not 2 Change
Can anyone lend a hand please, I have a private pension with the CIS and it looks like there are about to hit the skids, can anyone recommend another pension provider. Cheers
-
Gift money from Mother to children?
How much savings money can a mother give to her children legally. E.g If someone had say £10k in saving. Can they gift £4k to there children? If possible please provide website link to source. Tried looking and cannot find info out. Thanks.
-
Do I transfer my final salary pension?
Can anyone help me please ? I have worked for J Sainsbury PlC 25yrs and am in their final salary pension scheme. Up to 9 months ago I worked full time, but now work just 12 hrs a week. I now work full time for the NHS and am in their final salary pension scheme also, but don't know whether to transfer my JS pension into…
-
Lump sum pension contribution
Will a lump sum paid into pension fund still attract tax relief if income is from dividend payment ie unearned income?
-
Please please help
Mum (61 year old) has just got divorced and has been awarded her ex's pension with company x. Company x have said that she has to pay them £2500 to keep the pension with them or £1500 to take it out within a four month window (it is now nearly 3 months gone). She is not sure what to do, so got an independant financial…
-
enhanced/impaired annuity
Does anyone know anything about these, as I haven't a clue.Dad asked me today as apparently my Mum has one that she can transfer, but she is suffering from extremely high blood pressure and osteoprosis, so wondered if she could get an enhanced one :confused: :confused: :confused: God knows what he's one about:confused:…
-
Serp/coli
2 questions. My company offers a SERP/COLI program as a bonus to our pension plans to keep some of the better employees on board. Recently with the down turn in the marketplace and our industry, I have concerns that if the company goes out, we have nothing which is the way it works I guess as far as the SERP. My question…
-
Your Fantasy Pension
Hello, After reading another thread I wondered what people would consider their ideal pension fund structure, so not blocking someone else's question I through I would post the question here. After being on the sideline of futures and options I know what 1 person believes in, another will have an opposing view. So how…
