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Stakeholders Pension
Hi, I am thinking of transferring my company pension into a stakeholders pension. Can anyone recommend any stakeholders pensions as i don't have a clue where to start? I am 25 and work contract which is why i feel a stakeholder pension is best suited to me. Any advice most welcome.
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Many must be deciding wife's pension
My wife is a couple of years younger than me and has little entitlement (12p/week!). She can buy some NI contributions back. BUT can she do this and start her pension and still get a pension (which I assume will be bigger) based on mine (which is fully qualifying) when I finally draw mine? We are confused as to where to go…
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Can i sell my medical pension?
I have a medical pension from the Royal Air Force, which includes a monthly payment of £505 a month for the rest of my life, I would really like to find a company to buy me out of this in the form of a lump some, problem being i am 29 years old. I have thought about a long term loan, but would only get about 75k and…
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Teachers pension and stakeholder pension
I wonder if anyone would be able to help me out with a query? I'm 28, have been teaching since 2003 and have always paid into the standard Teachers Pension Scheme. However, before I started teaching (probably about 2001?) I also started a small personal pension, paying £50 a month which I've continued to pay up until to…
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First year in the UK @ 40. Opting out?
Hi, I am 40 years old, moved to the UK 1 year ago and pay taxes etc. over here. I now wondered if it makes sense for me to opt out for the state pension as I might return to Germany before I reach the pension age. I understand that I could top up to reach my 30 years of contribution but do you think I´d be better of opting…
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Pension "Abatements"! What are they for? Are they restricitve practices?
HI everyone, NHS and local govt., firefighters, civil service etc, pension schemes usually have an "abatement" rule, which says that if you retire early (my case: Mental health officer status, nhs pension, retried at 55,:j) and then return to the scheme and earn more than you did at retirement, then the pension provider…
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Aged 75 soon
have the pension rules about having to use my SIPPS pension funds at 75 been deferred or withdrawn yet ? i am 75 in September
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Taking out and putting straight back in
Hi If an individual has a pension pot fund of £100,000, can they take a tax free £25,000 at age 50 and then reinvest it with tax relief (assuming they are earning at least the same sum? Thanks
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pension transfers
Under the terms of a pension sharing order, I have to transfer my share of my husband's pension fund into another fund for myself following a divorce settlement. Is it better to do this via an IFA or directly with a pension company. Can anyone offer advice for this situation?? I'd be very grateful.
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Stakeholders Pension
I am seriously going to consider to join Stakeholders Pension Scheme which are obliged offered to us by our company. Although I passed all following restriction, I am somewhat confused by the fact my earnings must have been over the National Earnings Limit for every week in the last three months. :confused: Also, the…
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Friends Provident pension - fund choices? IFA advice?
So, I'm late in getting my pension kicked off but now my mortgage is relatively stable, as is income and outgoings, I figure now is as good a time as any to get going. Anyway, my employer offers a matched pension (up to 7%) through Friends Provident so to get their contribution, I'm tied to FP. I looked at the website and…
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Tax Relief on Company Pension Contributions
Hi I have only recent found out that as a 40% tax payer I am entitled to tax relief on contributions I make to my personal pension plan. I understand my employer claims 20% tax relief but I should have been claiming a further 20%. For the 2008/2009 tax year ended 31 March my employer's contribution was £5,874.98, my net…
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Second State Pension
Am I right in thinking that if I become self employed, my entitlement to the second state pension ends, and is limited to what I have built up so far by being employed all my working life? (I already have my 30 years' entitlement to the basic pension). All help/info gratefully received!
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historic annuity rates
Does anyone have a link to a website showing historic annuity rates? I ask because when I read analysis in the financial press, most writers build their models based on an annuity rate of 5%, ie a pension of £5000 for a £100k pension pot. However, the real rates today are around 6-6.5% and I was under the impression - from…
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Using your pension pot overseas
While I have a fair chunk of savings invested overseas I have recently arrived back in the UK with the sole intention of being here for five years to build a pension pot. When I have done that (my target is to build to around £220-250k) by 2013 when I will be 49, with the idea of then sitting on it and hoping it grows…
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pension credit entitlement
An elderly relative is claining state pension off £150.48 She has £35,000 in savings is she entilted to pension credit .
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Serps. In or Out
I definitely contracted out. Don't know if I contracted back in. How can I find out. I am 56, should I be in or out? Boo
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possible two NI Numbers
Due to a badly hand written p45 years ago I suspect I have been registered with some employers with NI No ** 54 ** ** A and with others as **84 ** ** A. Where can I check and put this right? am I worrying unneccesssarily and the govenment will have my correct records? Boo
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Why would I have 2 pensions with the same company.
I took out a pension with Standard Life through a small local broker 23 years ago. As my salary increased I increased my contributions every 2 or 3 years through the same broker. The broker retired and a junior partner took over. Next time I increased my pension paperwork from standard life doubled and I had two policy…
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cis option 32 lump sum
im hoping one of you clever money people can help me I have just received an illustration from CIS about me taking a lump sum from my section 32 pension pot at the age of 50 (which i wil be in September) my first question is how reliable is the illustration.......seeing as it is only 4 months till im 50 and eligable for…
