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New Star
I have a pension which has had New Star Active Portfolio as one of its funds for about two years. New Star has taken a real hammering recently and the fund's unit price is about two thirds of what it was a year ago. I have a standing order so am still buying the units at the much lower price. However, given the problems at…
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SIPPS and Forex??
Hi, I have been playing with demo accounts on FXCM and have been doing very well. I have a pension with SW and it lost 25% last year. Does anyone know of a way to put my pension fund into a sipp and be able to use Forex (preferably FXCM) as my means of investment?? Thanks in advance. Phil
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Civil service pension scheme - Preserved pension
I contributed to the CSPS for 11 years before leaving in 1991 following the birth of my son. I didn't work for a few years but have since been working for local government and I chose not to transfer my old pension over, not sure if that was right decision as to be honest never really understood the whole pension thing :o…
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Pension Newbee
Hi I work for a small elecrical contractor, there are 2 directors and 4 employee's, we have never been offered a pension and from I've read they dont have to until they employ 5 people, I've also read that the employer doesnt have to contribute to the employee's pension. Surely if the employer was forced to make a pension…
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stakeholder pension dilution
Hello everyone, first post here so i hope i get it right:o been informed by Halifax, yesterday, that my s/h pension is being corrected and the unit price of the componant units may be altered, rather than all be the same value . A move to counter dilution they write. Dilution is a reduction in the value of a fund as a…
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Independent Financial Advice
Hi I thought that my husband and I should get some IFA predominately for pensions but obviously other stuff as well. Anyway 2 friends gave me the details of their IFA's, I have spoke to both and dont know which one to choose (not very good at making decisions LOL) they are both independent but one charges and the other…
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Mhos Mental health officers
Okay started employment with NHS in 1979 age 17,I have nearly 30 years pensionable service,,,,as I have worked in Mental health every year after 20 is doubled (MHO) ,so at the grand old age of 48 I have 40 years pensionable service,:rolleyes: though I cant retire until I am 55. Can I stop paying my superanuation for the…
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Questions about NI contributions
I have been paying NI contributions for around 43 years.I have 7 years until I retire.Do I have to carry on paying until then or can I /should I stop?I understand you may only have to contribute for a certain number of years to get the full state pension,if this is the case,why pay more? Thanks cslogg
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should I surrender Prudential endowment policy now?
I have a Prudential endowment policy due to mature in September 2013. The policy is for £25,000 and is not secured against a mortgage. It includes £25,000 ife cover during the term for both myself and husband aged 59 and 70 respectively. My question is.. should we surrender the policy now rather than risk waiting another 4…
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Planning for our future
I have worked out a retirement plan and just want to see what people think of it. Im 30 and my wife is 28. Were currently directors in our own Ltd business (Last 2 years) before that the business was a partnership for 4 years. I have not worked outside my own business in over 7 years, wife for 5 years. Not to sure how much…
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How to opt back in to SERPS?
I think in the dim and distant past, on advice from a colleague,I opted out of SERPS. Then I went to work abroad for a few years - during which time apparently the ground shifted and people were being advised to jump back in... The questions now are:- - should I opt back in to SERPS? And if so:- -why? -how? Thank you!
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Prov Mutual Pension Assured Fund
Back in 1994, my wife was advised to invest in the Provident Mutual (now Norwich Union) Pension Assured fund which was closed a few years ago. Rather foolishly (hindsight is great), the contributions were left in the fund – possibly because of penalties for transferring out. Back in July 2000, the fund value was £9181 and…
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Pension Forecast - Take marriage cert to JobCentre?
Having found on here how to get a State Pension forecast :T I've just got one online today. It says though 'the date (of your last marriage) is different to the one we hold on our records. So that we can correct this please take your marriage ... certificate to your nearest Jobcentre Plus office'. I haven't been into a Job…
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Pension Fund Choices
Where is the best place to go to get advice on Pension Fund choices? My small business, offers a stakeholder pension to our (2) employees. When I set up the pension plan, I elected for whatever the default funds where at the time. I would like to reconsider this choice, but dont know where to go for advice. The pension is…
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Pension gap after takeover
The company that wifey works for has been bought out and the existing pension scheme closed from thye end of the year. Although no details are available yet it is understood that they will provide a new scheme as from 1st April. Now from help on here I understand that under TUPE regs, they have to do this, but is the 3…
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lump sum into savings or pension?
Hi, I have maximised my ISAs have a couple of regular savers and no mortgage. I have a lump sum of £3000 should I open a savings account of some sort or would it be better to put it in my pension? I am a 51 year old self employed woman.
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Pension At 50 Advice
I have 6 years contribution from the former T&N (Federal Mogul) Pension scheme. This has been under scrutiny for at least 5 years regarding entry into the PPF - and it looks as if it is shortly to enter into there. I am 50 in July and under the scheme rules could opt to take a deferred pension. I know this will greatly…
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purchasing added pension - advice
i am 57 and about to retire on a less than full pension. I have the option of buying additional pension of £1550 RPI indexed for a cash payment of £42381. I think I can claim back tax relief from the tax office at the higher rate. Is this a good deal?
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Forced Pension fund transfer
Hi, I'm new here and after some advice about pensions My wife stopped work when we had our first child and we don't intend for her to go back to work for a long time if ever. She has accrued approximately £8K in one of her pension funds which we've been told she either needs to transfer to another fund or get a cash…
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company pension and serps.
I am in the company pension and have been for a few years now. Years ago they opted out of serps on everyones behalf. This has raised a couple of questions, should they have got written consent from us to proceed to opt out. now we have opted out can we opt back in on an individual bases. Any help would be great.
