-
No money and no relatives alive-house?
I'd be grateful for any help on this. A really good friend of mine was found dead in her home on Saturday morning. Not sure why, maybe heart attack? Anyway, coroner in charge. Another mutual friend was her tenant/house share.(and dearest and best friend). We do not believe there is a will and there certainly isn't any…
-
peugeot robins and day pension question?
hi guys im hoping somone may be able to help me out with a bit of advice,basically i'd like to know if i can get what i paid into a pension a few yrs ago out of it. i used to be a mechanic at a peugeot dealer and joined up to the company pension where they take out of wages every month but if you left you couldnt continue…
-
IHT and Trusts
As I understand it if you put something - say an insurance policy - into a Trust the value of the gift into the Trust is the value of the asset at the time the Trust is set up. If the giver dies within 7 years the value of the gift becomes part of their taxable estate. However, each year a person can give away up to £3,000…
-
Pension Transfer Good Idea?
Hello, At the moment I am paying into an occupational money purchase scheme and so is my employer. I am also paying into a private stakeholder pension which I started before I was eligible for the work pension. At the end of August I will be leaving the company and will not be able to carry on paying into the occupational…
-
Local government pensions and the Tories
Hello all, I have just successfully opted back into the pension scheme at work (it's LGPS), and wondered what everyone thought about what the future holds for local government final salary schemes once the Conservatives get into power next year, as they almost certainly will. I'm just wondering what they might want to do,…
-
Pension distribution and no will
This is my first post so hello. I have a story, maybe dilemma, that I need to run past some interested people for feedback. I'm not expecting any answers but I would be interested in any comments. My father was married to my mother, and they divorced over 20 years ago. My father was diagnosed with a terminal illness over 5…
-
Dad gone into hospital when does pension stop
My 88 year old Dad has had a stroke and is in hospital, my 86 year old mom is still at home, can anyone advise what happen to Dads pension. Mom has been told this will be taken off them in four weeks and is worried how she will pay the bills out of her own pension. No savings
-
NHS PENSION - Efficiency Savings Early Release Scheme
Hi I wondered if anyone has any knowledge of this please? I am 56 yrs old and work for the NHS in Wales. My Trust is going through reorganisation and I am waiting for the results of some local restructuring within my area. I have 19 yrs pension in the scheme and due to recent changes if I were to take my pension now I…
-
Widows pension
Hi can anyone tell me why widows under 45 cant get a pension...
-
Cashing in a pension?
I've just been going through my files and found old paperwork about a Stakeholder pension I used to contribute to taken out in the early 90's and I seem to have stopped contributing in December 2005. I remember it was a personal pension and nothing to do with my then employers. Fast forward to 2009, I was made redundant in…
-
Help needed with a portfolio,
Hello to everyone, after being quoted £300 for one hours worth of advice from an ifa, i have decided to pick my own portfolio. which is hopefully, where, you people might be able to help. ive got 18 years till im 65. Having read standard lifes global perspective for the coming year, i feel that i should invest in 1. 30% in…
-
St James Place Investment Bond - Misselling
A relative has brought the following to my attention and I am quite worried about the situation. Background, she is 65 lives in rented accomodation and not in the best of health. She does not own any property. Her landlord introduced her to a St James Place Partner and he sold her an Investment Bond. The Bond make up is as…
-
Tax on a Pension
I am thinking of taking my pension early at 54 instead of 60 the ammount I would be entitled to is £5895 pa if I left it till 60 it would be £8000, will I be paying tax on the £5895 or is it the same as when working my tax code being 603L earning £6030 before taxed. Thanks Tony
-
applying for ill health pension
My husband has applied for his enhanced company pension on the grounds of his ill health. He has supplied the required number of medical reports from various doctors, all of which support his claim and agree that he should be allowed his ill health pension. The pension trustees don't meet for another month, at which time…
-
Does anyone know anything about EFRBS?
We are looking into EFRBS as a means of creating a pension and reducing our tax liability - has anyone got any advice? One firm who has pitched to us uses a firm in the Isle of Man to deposit the money in to as part of the scheme process. I'm a bit worried about this - my due diligence work has come to a dead end as i have…
-
Best Pension?
Hi, What's the best method to use when deciding on a pension? With mortgages, loans, savings accounts, it's usually straight forward - pick the one with the best interest rate. When looking at pensions, what should i be looking for? I'm thinking pick that ones that charge less admin fee's, also choosing a well known…
-
Teachers AVC and redundancy
I have been paying 3% of my salary into the Prudential Teachers AVC scheme since it started (about 15 years ago?). Now, at age 52 and after 31 years service (the last 24 in the same establishment), I am to be made redundant (academies, doncha just love'em?), and do not intend to return to any full time permanent teaching…
-
funding pension contributions out of savings
In 08/09 I earned under £150k, which included a redundancy payment. For the first 8.5 months of the tax year, I was contributing to a pension, however I made no contributions in the last 3.5 months. As of 1 May 2009. I am self-employed for tax purposes (I am a member of an LLP) and understand that my taxable income in…
-
Defer Pension - or not?
I was widwed 11 years ago, and 5 years ago my widows pension stopped and I was placed onto a reduced state pension of £80 per week based on my husbands NI contributions. I was told that would be mine for life. For the last 3 years I have been in a new relationship with a widowed man due to retire next month, we have just…
-
Lost Policy Details !
Hi I had a Pension Policy with Norwich Union and paid in the maximum contributions for 10 years in a fairly highly paid job. Things happened and after an acrimonious divorce I left and moved 200 miles away. I had three years off and have now had a non contributory pension again with NU and have been in my current job for…
