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Transfer existing Zurich PPP??
My partner has an old Allied Dunbar (now Zurich) PPP which he has been making contributions into for the past 20 years. It is a high risk stocks and shares fund, but as markets move in cycles he isnt worried about this just yet (hes 40). My concern is he has been advised to transfer and continue with a new Futureproof…
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"Depression coming? what is it?
Hi...reading about "grim" times ahead..Mail on Sunday suggests very bad times for imminent pensioners!! I'm hoping my situation is secure....no Mortgage....good savings ....An NHS pension / lump sum....no significant debts....or am I dreaming?? any comments..ta
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Buying pension at 53
I was in a company pension scheme for 12 years until 1994 due to redundancy. I was 39 then. I was in SERPS before that. Later in 1994 I got a temp job that became permanent after 2 years. But being only just out of cancer treatment in 1993 the future was uncertain as was the firm! So I didn't jon their pension scheme. I…
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Considering early retirement
I'm a single male, 54 years old, getting tired of commuting. I've started to think about early retirement and would like some opinions & suggestions on retirement income. I'm pretty lucky to be in an index-linked (RPI) final salary scheme which will allow me to retire early. I'd get about £10,000 p.a. before tax from it if…
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help required
i have about 8 yrs on a final salary pension i have upped my hours to 30 per week now the children are older-i originally joined my employee pension may 1994 when i was 26(before this i gained 10 years worth of pensions wth 6 employees)-over the next 20 years i think its going to be a good idea to buy added years how much…
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Stakeholder Pension
My husband has a stakeholder pension, only had it for 4 years. It is only worth roughly £13,000. Last year contributions including tax relief was £1,030.56p but it made an investment loss of £715. What do you think I should do? I have written to Norwich Union but am awaitng their reply to find out the current update and to…
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Is it a 'nestegg' or 'money down the drain'?
After years of complacency, I finally started a Stakeholder scheme 2 years ago, figuring the tax relief was worth it. I am a basic rate taxpayer and pay £200/ month into a Halifax scheme. Nowhere near retirement yet. The contributions are invested in International Growth Lifestyle fund & UK FTSE Allshare Lifestyle fund.…
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Teacher Pension
I'm just starting out on my teaching career and in fact have just received my first pay cheque. However, I was wondering if anyone could tell me a bit about the teacher pension. My problem is that although I'm loving the job, my OH and I are thinking of trying to leave the country in the future. Now I'm not sure what the…
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HMRC contributions to personal pension plans
Guys, I wonder if you can help me? I have a particular question but it might help by describing my situation first. I am a 44 year old UK citizen currently working overseas (in Thailand). Prior to that, I was living and working in NZ and Australia. I have recently been offered a job back in the UK for around 150,000 a year…
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private pension advice for widowed
hello there,i wonder if anyone could help me,my dad died 5 yrs ago leaving my mum plenty of money and around 3 private pensions from which she gets a monthly income from.she has now spent all of her money and is going to remarry,my question is ,will she still be able to claim dads pensions?im very unsure of things in this…
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Almost 60, delay pension to 65?
Hi, I've no real idea of pensions and I need some advice please. I'm 60 in November, past employer (local authority) has written to say I can take my pension now, or wait to 2012. I'm still working, as is my wife- joint income only £310/wk, no kids to support, no mortgage now (thanks to Martin's advice!). I worked for them…
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pension for retirement
Hi, I am 27 and am a self employed Childminder and have been for 4 years. I am now thinking of the future and providing for my daughter and my retirement. I already have an ISA which i will be saving for university or a car for my daughter. For my retirement what pension would you recomemnd i dont have a clue about them…
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Axa`s Sun-life Scum
The over 50 Plan is a scum is a money making machine for Parkinson , Cilla Black , And June Whitfield and of course Sun-Life this scum should be stopped is immoral !!! and what is Cilla black , Parkinson , and Whitfield deoing advertising this immoral pension Plan for 80 years old !!! and no medical is necessary ??????…
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Mortgage your Pension is this possible
Hi I was speaking to a friend recently who was over the moon as she was going to receive over £200 000.00 by mortgaging her pension policies. However when I pressed further it all sounded like a complete scam and so wondered if anybody knows a bit more about this. The details ( as far as I have been told )are as follows.…
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Help and advice needed with pension lump sum
Hi My father has a pension that started many years ago with WH Smith, this got frozen due to company change of ownership. They have offered a lump sum now he is 60. The letter states:- Lump sum entitlement - £8,116.16 of which 25% is tax free and the remainder will eb taxed as income making the net payment £6,462.62. I…
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25% tax free sum at 50 - Help please!
I hope some of the knowledgeable posters on this board can help me. Due to EXTREME financial problems we have decided to take out the 25% tax free lump sum from my husband's pension fund, which I now believe you can do at 50. All we want is that money and leave the rest in the fund, however this seems to be impossible. The…
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Confused over investment options!
I've recently joined a pension from AON Consulting and the policy comes with the following investment options: 50/50 Global Equity Index Tracker Fund DC 50/50 Global Growth Fund UK Equity Index Tracker Fund DC European Growth Fund DC American Growth Fund DC UK Growth Fund DC Index-Linked Gilt Fund DC Global Bond Fund DC…
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Pension fund split - should I move to a safer split?
With all the news at the moment and the more than gloomy forecast for the coming years, is it wise to move to a safer split. I'm 35 and have a total fund of about £40k split into the following: UK Gilts 35%, UK Equity Index 30%, Japanese Equity Index 10%, Euro Equity Index 10%, Emerging Markets Equity 10% and US Equity…
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Pension misinformation
I have just turned 60 and have started the process of claiming my pension. I have a fund with the Social Housing Pension Scheme. Some weeks back i requested my pension figures. Having recieved an estimate I made a decision to take my pension and requested the final figures so I could make my claim.The figures came and were…
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Money fund falling?
Looking at the Bank of Scotland charting tool this morning, I noticed Halifax Life Money pension fund is showing a very recent slight fall having levelled off over the past couple of weeks. Obviously this is a tiny drop in comparison with movements on their other funds but it is unexpected as the fund normally shows a…
