-
Annuity Questions
Can someone please tell me what the definition of "retirement" is for purpose of an annuity? Once you are aged 55 to 75, can you take 25% of your pension fund tax free or must it be linked with some other action like taking an annuity? What is meant by Income Drawdown and Alternatively Secured Pension?
-
Transferring Pension
Hi, I am looking to transfer my existing company pension into a personal pension with Legal and General. They said that i can transfer without an IFA signing it off (execution only). Has anyone had any experience with Legal and General in this matter?
-
Can I have my pension money back please?!
Hi, I've been self-employed since I graduated (some 10 years ago) but 5 years ago I took a full time job as well to supplement income. I'm paying into the company pension scheme. I'm currently on maternity leave, and my self-employed work is now bringing in more money so I'm soon going to be handing in my notice to my…
-
some advice needed
Hello. ive been looking at this forums posts for a few weeks now trying to figure out what to do with my standard life stakeholder pension, im still not clear which funds i should pick change or alter for best reterns, should i get a finantial adviser to advise me, how much do they charge. how often would they need to…
-
Pension for a complete beginner
I've secured my first career job and start in a week's time having been in full time education for the last 22 years. I realise that with pensions its best to start as early as possible. Reading the terms of employment for my new job, I find that the company currently has no pension scheme. I've heard on the grapevine that…
-
Receiving Pension from South Africa
My dad received a pension from Employers in South Africa which was paid into a Bank account he had in South Africa. My dad has died and the pension entitlement has passed to my mother. Unfortunately the account in South Africa was in dad’s name and had to be closed on his death. The pension payment is now made into my…
-
Lump sum. Why would you?
A lot of people here think that being able to take a lump sum from their pension fund on maturity is a good thing. If you need the maximum monthly pension and are in good health why would you want to? If you have reasons you can actually get more by contributing less or nil for say the final two years. Once again why would…
-
St James Place
I have read a thread about this co from back in 2006. Is the view still the same, that they overcharge ? I am thinking of using them via a firm of IFAs SOME of whom are SJP agents and some are not - thus I can put some money into SJP but dont have to put all in. My wife and I are not very knowlegeable about stocks and…
-
what happens to pension when leaving job after 4 years?
Hi my daughter works in Asda and has been paying into their pension scheme for the past 4 years. She is thinking of leaving to go to another job so what happens to her pension contributions? Are they 1 frozen till she retires? 2 transferrable to another pension scheme, she will I think have to work at her new job for a…
-
Pension pot advice
I have a small pension pot which has been in a managed fund for 21 years and becomes paid up in June, needless to say it has not performed very well in recent years and is well short of being able to supply me with a worthwhile pension. I could defer it for 5 more years but am unsure what to do with it. Leave it where it…
-
Guardian Personal Pension advice needed
Help needed - and apologies if this has already been answered elsewhere. I have been resident in France for the last ten years and have a Choices Personal Pension Plan with Guardian Assurance. I am 59 and my chosen retirement date is February 2010 when I will be 60. For health reasons wish to take the 25% cash sum out of…
-
To have a pension, or not have a pension??
I have been with my company a year now so get to join the company pension scheme. The least I can pay is about 2% which is about £33.00 a month. At the moment, I am hard debt saving, all my spare money goes into becoming debt free. At the moment I am on target to be debt free August 2010, but my next step is too aim for…
-
preserved royal mail pension
:confused: :question:I have a preserved royal mail pension frozen since 2002 when I left at last years valuation it was £4565.62 [ basic ] as this pension is not growing now , should I take it now [ age 53 ] , and invest the lump sum and drawdown elsewhere ? bearing in mind I've got 12 yrs to state pension. I also have…
-
help with pension over payment please.
I am a member of my companies final salary pension scheme. I have been a member for 13 years. I worked full time until 3 years ago when I took maternity leave and returned on a part time basis(16 hrs per week) upon return to work I noticed my pension contributions had not decreased and queried this,I was told this was…
-
Question on the weak pound
Hello again . most of my pension funds are invested in england does this make sense due to the weak pound. for instance if i were investing in europe then i would get less units for my english pound. or dont it work that way if any one could help (still learning) thanks oceanobsession
-
What can I have from my pension at 50?
Can anyone advise on what I have to do regarding two pensions that I have.I am 50 on the 9th February 2010 and understand that i can start taking an amount or a lump sum.Before anyone advises me that i should leave it where it is i would add that I have just been diagnosed with cancer and although I have a good chance of…
-
Reclaiming NI contributions
Hi all, I hope this is the right place to ask this, if it isn't I apologise. I have a full time job but do some occasional locum work for an agency, ie not my normal employer. I was told the other day that I could claim back the NI that I pay for my extra work. Is this true? If so, how? Many thanks, Matt
-
Standard life stakeholder pension
Hello to everyone. Can anyone help me understand how to pick standard life funds, im a complete novice with not much understanding. At present im in standard life stakeholder pension, ive been in it for 3 years and ive got 18 years till im 65. ive invested in four funds: 1. managed fund 2. uk equity fund 3. property fund…
-
How much to save 14k-15k pension?
If I was to save money in ISA's and a private pension, how big a lump sum would I need to save for a pension equivalent of 14-15k? Just turned 29 and have 20k saved. Thanks
-
Joining pensions
i hold a pension with west yorkshire pension fund and did have a pension from RBS. The RBS pension transfer value is £1500. Would i be better joining these pensions?
