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Standard life property fund
Hello to everyone, im currently investing 25% into the standard life property fund should i stay investing or pick another fund ive got 18 yrs to go before im 65 cheers oceanobsession
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Dads allowances now he is over 75
Hello Pensions Board, I wonder if anyone can point me in the right direction to find an easy to understand site that will help my dad work out if he is receiving all his personal allowances. He has 3 pensions, Royal Marines, Whitbread and his state pension, from what I can gather he is paying basic rate on the last two…
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SERPS Lump Sum
Hi All I remember back in 89 doing the opt out thing and was offered a lump sum of backdated payments. Anyone remember this? Anyway, this had to go into a separate pension plan from the company plan my opt out benifits were going into. This new plan carried an annual management fee and over the next few years the pension…
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Join pensions together or not?
I held a pension with RBS and now hold a pension with West Yorkshire Pension Fund. Would it be beneficial to join them together or not? I never paid into the RBS pension but it left me with £1500 transfer value.
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Newby to pensions, PLEASE help me understand.
I am looking at a pension through my company, I just spoke to my pension advisor (Independant) at work who completely confused me. She was from Aegon and after speaking to her I have no better idea of what I`m trying to do. All I want to do is have a pension I can contribute to that my employer will also contribute to. I…
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Pension transfer at end of employment? Help?
Hi my job ended a month or so ago. I have received a letter today which says my pension transfer value is £5743 versus my pension refund value of £1531 net. I am assuming therefore that I should transfer my pension to another scheme (I am not allowed to leave it where it is - and if I am going to transfer have to do it…
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30 years already paid at age 55
I haven't been able to find out the answer to this. Even the Pension Forecast dept couldn't tell me. I am lucky enough to have 30 fully paid up years of NIC at the age of 55 which the Pension Forecast dept has told me is sufficient for me to get my full pension. I am still working so what happens to the pension part of my…
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Pension Past Performance - Please Help
Can someone help me? I've been trying very hard to find this information on the web - without success. I need to know how much a pension fund would be worth today if I had started it 21 years ago and paid £15 per month into it. I appreciate it depends on the fund - and there are lots of them. But if someone could give me…
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Possibly a Stupid Pension Question?
Hi there, As the title says this is probably a stupid question! I stopped working with my job of 11 years after paying into the pension for about 7 of those to the total sum of about £5,000. I have not paid into any sort of pension since then due to money trouble, I have been not earning money for 9 out of the last 13…
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SP2 and with-profits
I have a PP with Pru that is largely SP2 opt-out money. It's in the with-profits fund. Can I transfer this to funds to get out of with-profits or are there restrictions on what you can do with SP2 opt-out money?
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nelp assistance - 28 and want to start a pension
I am 28 and wish to start saving regularly into a SIPP. I feel a SIPP would give me more control and a wider choice of investment for my pension. I have a few questions that I would be happy for help on; mostly relating to the future. 1) I understand that you can take 25% tax free between 50 (soon to be 55) and 75. Is this…
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Serps opted out question.
Between 1996 and 2006 i was a member of my companys final salary pension scheme. This scheme opted out of serps. I was made redundant in 2006 and my pension is now frozen, if that is the right word. It increases by 5% a year until I retire. I am 34. I was out of work for 7 months but am now in work and contributing to a…
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Contracting back into SERPS - old pension plans
I have been contracted out of serps over the last 15 - 20 years or so - I dont know if I should contract back in . I have a number of private pension plans over the years which are paid up . At the time my so called FA said I need to top up but every time I did he sold me a new plan rather than increasing my contributions…
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No payment from co. pension
A relative of mine was due to retire from a well known supermarket in Feb of this year. The company failed to do the correct admin, so told him he would have to wait until end of March. So far he has not received his lump sum payment or his monthly pension payments, even though the company has been provided with all the…
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SERPS should I be in or contracted out
I started work in 1983 and was advised to contract out of serps late 80's early 90's I was at the time working full time. I left work in 1994 to have our daughter and I am now 42, a full time mum and carer for my mum with Alzheimer's and have only had a couple of part time jobs since but neither lasted more than 6 months.…
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please help - annuity delays
My father in law, set in motion his annuity / pension to be drawn up. This was done by a 3rd party and the intitial quotations were given in November 2008, to be drawn up and done by end of January 2009. There has been delays with the 3rd party (who my father in law paid for their services) trying to retrieve and draw up…
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Factors to consider when transferring pension service
I have 2 years service with my first employer under their Final Salary Scheme (Private sector) I have 8 years service with my current employer also paying into a Final Salary scheme. (Private sector) The salary with my current employer is significantly higher than that of my first and long may it continue. What factors…
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Retirement income - best investments
My parents are both retired (aged 61 and 66) and have recently come into some money which they would like to use to produce a retirement income with minimal impact on the capital invested. They currently receive a joint state pension and £1600 per annum from a private pension. They are comfortable that they can cope on…
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Trivial Commutation Lump Sum
Hello, I`ve been put on Pension Credit after being on the sick for a lengthy spell. The only income we have is my wifes state pension roughly £320 per month and my Pension Credit roughly £119 per week. I had paid into a pension fund but have let it sit there seeing as they have been paying the monthly dues this past couple…
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Drawdown v annuity
IN 2000 I was advised to go for a drawdown rather than an annuity.Being a trusting person I took this advice It is a complete disaster and from what I have learned since ,buyer beware.Chase De Vere have recently been fined 1.6 million by the FSA for misselling drawdown schemes.The commission for a drawdown scheme is approx…
