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Cultivating capped drawdown pension.
Today I looked online at my pension drawdown fund - it's gone up and down by a few £k over the last few months. I found this: http://pensiontracker.dailymail.co.uk/pension/Scot%20Wid%20Balanced%20Solution%201 It shows me that my fund grew by about 13% in the year to end of May 2011 - but another fund in this sector grew by…
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Inhertitance - Care homes get it!!!
Hi, Not sure what was the best forum category to post this. I read this article "Wave goodbye to your inheritance" by lovemoney.com on yahoo, (wont let me post the link) Nursing homes will simply destroy the average persons inheritance, one year in a care home £26,000+ a year!!!! Some £700 a week, £36K a year!!! If we have…
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Pension Query...
Hi, I have a private pension and I a few years ago when i got a permanent job, they provided a pension whereby they pay in 10% of my salary with a option that I can pay into this as well. I do NOT pay anything into the work pension, i only pay into my personal pension. My Question is, does my employers contribution to my…
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cancelling private pension through work
I have been paying into a pension sceme through work for last 4.5 years - approx £80 a month - I wish to come out of it all together now. My question is if I do can I claim back/sell what I have already paid - even if its just a few 100?
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FSAVC miss sold?
I have a FSAVC that I took out in 1995 which at the time suggested a pension income of between £2500 and £1050 a year on retirement. In 2005 this had changed to just under £500 a year, so I stopped paying into the fund. I am now 62 and the fund is valued at just under £14,000 but I have yet to take any pension from it even…
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Flexible Drawdown Pension
I am 60 years old at the end of this month and am planning to draw my final salary pension. I also have an opportunity to work again for my former employer part time earning circa £30,000/year. My FS pension is £33,000/yr (indexed and joint 50%) together with a £100k lump sum. Our investments are mainly in my wife's name…
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can part time affect ni stamps?
Hi all! I am considering working part time, working for 20 hours a week for about £115 per week. Can anyone advise me on how this would affect my national insurance stamps and my pension in the future? thanx:)
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having a LGPS to being self employed
I have a 14 year local government pension scheme, following redundancy i am going to become a sole trader and consult. What is the best option for me to retain continuity with my pension contributions? there is a lot of information out their!
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£100k ILSC or £100k SIPP
Okay which is better £100k in ILSCs or a pension pot of £100k for an annuity My situation age 60, married, civil service pension £11k/annum - high bp, high cholesterol, type 2 diabetes, normal height and weight, non-smoker Wife age 63 pension NHS/SP £9k/annum No debts, or mortgage or dependents (other than each other) A…
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Urgent advice please on pension investment
I hope someone can help with this. One of my pensions finished on 28 May and in April I discussed this with a financial adviser (in fact the one used by my company, in whose interest it would surely be to provide reliable advice). He was also recommended by a colleague who had worked at the same company. I discussed the…
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Can I regularly change funds in pension? Fees?
Hi, Do all pension providers allow you to regularly change the funds in your pension and do they all charge a (hefty) fee for this? Thanks.
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?????another contracted out..{Dunstonh}
Hi Dunstonh ok I know little in away of pensions but.... {Under govt state pension proposals those that were contracted out stand to gain more than those that were contracted in?} how do you make that out.?? I'm under the impression that if the government go a head with the propose increase(£140) they will deduct the…
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What should we contribute when we can afford it?
Please can you help two ostriches who have been burying their heads in the sand regarding pensions! I don't currently contribute to my Fidelity one. I am contracted out and this goes into my personal pension. There's about 12K in there but mostly SERPS. OH has scottish widows one which he has not contributed to for about…
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Do I need an IFA?
Hi, I am 53 years old and my pension seems to be all over the place due to my changing employers , i track one with friends provident that is split into 3 different ones totalling around £60k which i havent contributed to for four years , i am now also receiving statements from Aegon relating to the same period with the…
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Newjob - Pension Transfer
Hi, my husband has applied for a new job. He has a good pension where he is and will want to transfer it. We don't know how to go about this. Any advice will be very welcome Thanks
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NI modification rules
After turning 65 in March, I have been told that my Armed Forces pension will be reduced because of National Insurance Modification Rules. Anyone know what this is? I have googled it, but am really none the wiser. Thanks.
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state pension
Iam a 59 year old women about to take retirement with a small pension. for the past 18 years l have worked and paid full NI conts,and from 16 until 24 years of age. In between l have been a wife and mother. I beleive l cannot claim state pension until l reach 62 and a bit years. My question is will l qualify for a state…
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SIPP and business property
I am about to start a SIPP with employer contributions at the maximum level, by transfering a portion of the company premises each year into the SIPP. I realise a progressively increasing market rental will be payable by the company to the SIPP. I am now wondering whether the rental payment could itself be in kind, ie met…
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Contracted out of S2P and compensation.
Has anyone successfully managed to claim compensation from a pension provider\financial advisor who adivsed them to opt out the S2P?
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Forgotten Pension
Wondering if someone could advise on a forgotten pension. Received a statement today from Equitable Life regarding a pension that I had taken out some years ago and to be honest had completely forgotten about and had only just advised them of a change of address. I'll confess to being completely clueless about pensions and…
