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Social Security Number (Where to find it)
My husband is due to receive the state pension in a couple of months. One of the questions listed on a questionnaire, is what is his social security number. Can anyone tell me where we would find this? I take it everyone has one? We have never claimed or received any benefits, other than the 'family allowance' but that was…
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Help for father returning to UK from overseas - pension?
Hi all, Apologies for nievety on the subject of pensions, but am struggling to get a pointer in the right direction. My father who has lived overseas for 22 years (and has not paid any contributions during this time) is returning to the UK (he will be 65) and would like me to investigate what his state pension situation…
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So confused about employer Standard life pension
Hi all! I am feeling very confused about the pension my employer offers. I am almost thirty with no pension. (please don't all shout at once) I had a bad experience where a previous employer was supposed to be paying into Scottish Widows and they never had it set up, I got the money back from them. I currently earn about…
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pension deferral
could anyone tell me that if i defer my pension for 1 year and i die during that year is my pension put into my estate or do i lose it.
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Vanishing Terminal Bonus
I had expected a severely reduced terminal bonus when my Clerical Medical Single Premium Pension plan (started in 1991), matured in Nov 2008. Clerical Medical just sent me notification of a lump sum with no detail of how it had been computed. Having asked them the specific question, they then came back that the terminal…
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How much do i need to earn?
Hiya..... How much per year do i need to earn to qualify for a 1st class 'Stamp'? (NO! I'm not sending a letter :p ) I'm 52 & took voluntary redundancy with a pension of around £630 per calendar month. I want to earn at least enough each year to get a 'stamp'. I pay tax on the pension, obviously, and am working some days…
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Minimum transfer into L&G stakeholder?
HI, I have a very tiny sum in a Friends Provident stakeholder, and would like to transfer it into my Legal & General stakeholder. Do L&G have a minimum transfer value? As the sum is only in the region of £100, but I want to tidy things up a bit as i seems silly having a pension with such a tiny value. Cheers, Marc
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pension or isa
will be 50 in june and was thinking off taking my pearl pension. its about 12000 i can get 3000 tax free and was thinking off putting what i get monthly into a cash isa for 15 years till i retire. i am currently working and paying into a works pension .is this a good idea
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How do i opt back into serps?
Can you advise me how to opt back into seprs? (im not sure if thats how its spelt) Thanks
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To AVC or not to AVC
Hi I am currently paying into a final salary pension scheme and have been doing so for the last 14 years. I have a further 20 years to work before retirement. I am thinking of paying AVC's but have very little spare money each month so could only really afford about £10 per month. My question is this. Considering the small…
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Last chance to buy NHS added years!
This is my last chance to buy nhs added years, as this cannot be done after March 09. My 49th birthday is Feb09. I have expressed an interst within the deadline. basically I want to know whether it's worth doing. I am on quite a high salary band but part time (.6). I can only buy 4 years (but they seem toreduce this to .6…
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LGPS - need urgent help
Hello friends I wonder if someone can help me. I believe that someone aged 50+ NOW being made redundant within the LGPS has automatic payment of "unreduced benefits" and employer must make up the shortfall (ie the actuarial reduction that is disapplied to the pension member) Is this true? Are the benefits really unreduced?…
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Tax allowances on pension contributions
OH pays tax at 40%. He pays contributions to pension ( LGPS ) directly through deduction from salary. He doesn't have any other pensions apart from this one. Am I right in thinking that he can claim an additional tax allowance for these contributions because he is a higher rate tax payer? Thanks
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advice on retirement
hi I need some advice I am retiring in a couple of months, I am in a final salary scheme ,I have 2 options one to take a bigger lump sum about 80000 a year, and take a reduced pension reduces by about 2000 a year. or a pension of 13000 and lump sum of 40000 ,if anyone is a a pensions advisor can offer any help or is it…
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Actuarial Reduction - any insights?
I transferred 20 years benefit from Teachers Pension to Universities (USS) about 5 years ago, and was told there could be an actuarial reduction if I retired within 7 years (see below). Apart from confirming that this could apply, USS are unable to explain what it would actually mean, in money terms. It seems like I would…
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standard life pension
i have 20k approx in a standard life pension.Is there any way of comparing the performance of each of the funds?.When you go on their site you can get daily prices and graphs of performance but its hard work chosing because you have to pick funds then review the graphs.
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Should I keep on paying AVC's?
I'm a teacher, aged 58 and could retire on State Pension when I'm 60 yrs and 8 months, so about 2.5 yeras to go. I've been paying into the Teachers Pension Scheme for 14 years as well as paying over £250 per month into Prudential 'With Profits' AVC's for the same period (Prudential is the approved linked AVC provider). As…
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Sippdeal ETF Investing.
Hi all, I have looking at a SIPP provider that will allow me to invest in ETF funds, and not charge an additional fee for doing so (like the h-l SIPP). The only provider I can find that seem to offer this is sippdeal. Looking a their charges, it appears similar to the h-l SIPP they have no annual fee, and no other charges…
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ISA investment for pension return
I have been investing in ISAs for a few years now and have a joint fund with my wife of £36k at present, I am self employed and this is our pension fund. The intention was to continue this for the next 18yrs 3mnths to then have a nest egg of approx £300k but because of falling interest rates the forecast is now nearly £90k…
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Fundadvisers Europe SA and QROPS
I have had one meeting with a "wealth manager" from this company http://www.fundadvisers.com/about/ I have a 6 figure drawdown pot with Winterthur in the UK. I am resident in Luxembourg. I have given Fundadvisers authority to contact Winterthur with regard to a QROPS transfer. I wonder if any one has any experience of…
