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What Annuitie.
Hello I have just received my pension forecast from Aegon Scottish Equitable, I have a pot of £30,000, I now need advice as to where to put it, do I leave it with Scottish Equitable or would it be better to move it to another company? Thanks.
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Changing fund selection guidence needed
Hello again to everyone. ive got a standard life stakeholder pension with my company so im stuck with the funds it offers, many are in the uk. i picked these funds 3 years ago 1. Stakeholder managed fund 2. Stakeholder bgi uk equity index fund 3. Stakeholder UK equity fund 4. Stakeholder property fund now after much needed…
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Retirement calculation
Is there a quick way to calculate roughly how much I would have to have in savings now in order to retire at age X assuming I expected to live to age Y on £Z per year. For instance if I want to retire at 50 and expected to live to 80 on roughly £15k per year, would the calculation (80-50)*15000=£450k be roughly correct, ie…
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Help needed with pension sharing order
Hello Would appreciate any advice regarding a pension sharing order. I am to receive a portion of my ex-husbands pension, which comes to about 15K. I am now being asked by my solicitor whether I wish to transfer my share of the plan into an exsisting pension scheme or take up a new plan with Prudential (whether the scheme…
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standard life cautious managed fund
See another post cheers ocean
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Help needed! SERPS
Hello one and all! First timer here! About 20 years ago I (from memory) contracted out of SERPS. I have two issues concerning this: Firstly I dont actually understand what this means and what it entails and secondly I remember it being done through Allied Dunbar but do not seem able to contact the right department to find…
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Which pension for low income temp employment
I'm the only employee with a small organisation that has now agreed to make employer's pension contributions @ 6% of my gross salary, backdated to 1st April 08. So I quickly need to set up a pension that will accept monthly contributions from me and my employer from now, plus an initial lump sum from me and my employer to…
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Does a SIPP fall outside your estate for IHT purposes?
Am in the process of re-writing my Will as it has been a few years since it has been reviewed... Since the last Will I have found myself in a position to be able to set up a SIPP and park some dough in it :j I seem to remember reading somewhere that a SIPP fell outside an estate when it comes to assessing value for paying…
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Contracted Out
Hi I have contracted out in the 80s and am 56,just asking for a little advise as to when I can contract back in,yes i realise anytime but can it be left to the last moment so I can judge at the time what to do.Thanks.
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pension for children?
Hi sorry if this has been asked before but with every one allways telling me you should invest in a pension ect...........The problem for me is that to get anything out of a pension i would have to start investing about £500 a month,its not going to happen,be serious.Im not saying they are a bad thing but having been self…
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Aussies in the UK
Here's a hint: if you've been away for a while and kinda lost track... check up with your old superannuation if you used to work in Oz. I did so towards the end of last year and was pleased to find out that I had nearly $30K in there. After much asking they finally sent me an annual statement yesterday and of course I've…
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What will she get ?
Hi All, Just after some advice really, don't know where to start, well as some of you may be aware my dad has cancer and it is inoperable its starting to show as he's getting tired and that alot more, my question is as awful as it sounds is, my mother has never workd she has always been a hose wife so she has never paid…
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AVC and annuity
I retire next year. In the past I paid a small amount into AVCs run by Equitable Life and Standard Life. The total comes £904. I can take 25% of this as cash, but the rest has to go towards an annuity. Is any company going to give me an annuity on such a small amount? If not, then what is the smallest sum that I could use…
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Accidental Age discrimination within USS rules?
I'm wondering if there is a fundamental flaw in the Universities Superannuation Scheme in terms of age-discrimination. The rules state that an employee aged 50 (soon to be 55), with 5 years service who is made redundant can opt for early payment of benefits, with the employer picking up the 'early retirement funding…
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FSAVC with Norwich Union - Can I cash it ?
Folks I took out a FSAVC with Norwich Union some years ago. I have stopped paying into it and I am 34 yrs old The value is currently £6795.00 Is it possible to cash this in ? or must it wait till I retire ? Could this fund be added to my company fund ? Would this be wise ? Jessmjc
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1/80th AVC
Hi, sorry if this sort of question has been posted in here many times before, but I have recently started with a new employer that has a final salary scheme (1/60th) and I signed up to that from day 1, knowing the value of this sort of pension. They also have a 1/80th AVC scheme and I have asked HR for details, but just…
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Personal vs Stakeholder Pension
Hi, I'm 24 and just about to start a pension. I'm thinking of doing it through an execution only service (Cavendish) and am in the process of deciding whether to get a personal or stakeholder pension. I'm looking at Standard Life, purely because a few people I know are with them and they have the lowest AMC on Cavendish…
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Advice on Personnal Pension
I have a 50-75 Personal Pension Plan with the Sun Life Financial of Canada that I have been paying monthly £40.00 (£50.00 with tax reflief contribution) since 1991. I am not that knowledgable on pensions and when sold to me I was "seduced" by the then representative that I could enhance the plan by opting out of SERPS…
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Company stopped pension contribution
Hi, I have a Group Personal Pension which i have been paying into for about a year now. My work has now announced that thay are going to stop all contributions to the pensions from this month. I have had no other information. Does that mean that I will only be paying into the pension? and could I stop my payments until my…
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retirement option ending june 2009
Hi I am dealing with my fathers finances, he is living in cyprus and has invested in a pension with AIG due to end june 2009, he is now 60. valued at 24k. He also has an endowment policy expiring this month too, and the state pension when 65. (as he worked in the uk for over 25 years) Question: besides the 25% cash free…
