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"insuring" your pension fund?
http://www.moneymarketing.co.uk/channels/retirement-strategy/educational-pages/the-loss-and-risk-factors-of-pensions-advice/1037250.article "Due to the fact that Catriona’s past experience has contributed to an increasingly cautious outlook, she might feel that “insuring” her pension fund is a sensible choice to make. So,…
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MSE News: Plans to improve annuity choice unveiled
This is the discussion thread for the following MSE News Story: "New rules will come into force to help consumers get better deals when turning their pension into a regular income ..." Read the full story: Plans to improve annuity choice unveiled
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Pension annuity rate
My pension provider has informed me that my pension fund has a guaranteed annuity rate of 9.25%. Would this be considered as a good rate when compared to other rates on the open market. I don't know whether to accept this rate or look for what may be a better rate. Does anyone have any experience of what annuity rates…
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Choosing your own pension plan
Hi, I'm just starting to think about a pension plan. My question is whether, when employers offer to make contributions to your pension fund, they usually will only do that if you use their specified pension provider? Or can you usually choose your own one and they will still pay into it? I found the info on this site…
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Added years' contribution, continue or stop
I would appreciate help from forum members. I am 43 and have been paying into NHS pension since the age of 32. I have also been paying an extra 9% for added years so that my total NHS pension contribution years would be 40 if I retired at 65. I am a higher rate tax payer. My question is, is it worth carrying on paying this…
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What to do with my pension.
As I am approaching 60 years of age soon I want some advice on how to invest my pension. I will have a lump sum of around £40,000 plus monthly pension of around £600. I want to carry on working for another three or four years in order to become debt free. My mortgage is my only outstanding loan. The options I see as being…
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In a 'partnership' pension - should I opt back in to the civil service scheme?
Hello, I'd be very grateful for any help as I am most confused! I started my pension with my local police force 5 years ago and opted for the partnership option with Scottish Widows (consensus fund). It seemed a good idea at the time for some reason. I decided to pay in the full 3% extra that I could and I believe that my…
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starting a pension HELP
Hi all. Ive recently been thinking about starting a pension and i need some advice on which one is right for me. After a few google serches ive come up with nothing so heres what im looking for.... Im 25 in full time employment as a joiner, ill probably be working till im 67. Im thinking of maybe putting £50 a month into a…
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What questions should I ask the Work Pension 'advisor'?
Hi all, This Wednesday I am being given the 'opportunity' to have a meeting with the Pension advisor that the majority of the workforce use where I work. I know next to nothing about Pensions but I believe (not 100%) that his charges are 1.5% which I think im right in saying is to the higher end? Anyway, im intrigued as to…
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Collecting State Pension for someone
If somebody has their pension paid into a PO account. Is it OK for a third party to collect it. Strictly speaking you are now making a withdrawal from a bank (type) account and using the pensioners PIN . If the person is unable to get out the house then how else can she receive cash money. Is it OK if I take a letter…
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Pension Pot - Self Invested options?
Help please! This is my first post on here (although I have been lurking for a while now) - what I wanted to ask is regards to my personal pension. Its with AXA and I have had it nearly 20 years now (I'm 39 currently) and although I havent been paying in as much as I should really have (do many of us?) it has built up but…
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Register blind
Hello, I would like to know if you are registered blind, What benefit would receive from Government?
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Wills in scotland
Does my mother-in-law need my daughters birth certificate to add her to her will???
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Help please re Pension Benefactors??
Hi, my mother in law has recently informed my wife that her late father in law's pension company has contacted her and that he has a payout due, as he would have been 65 in Oct. They were divorced and she re married but she "claims" that she is the benefactor however needs my wife and her brother to sign and produce a…
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Not sure what to do
Hello, Looking for some advice about what would be best for me regarding retirement planning and my current situation! I'm not working at the moment (full time carer for my son), but am planning to return to work in the next 5-10 years. I do have a pension from an old job, and there is approx £4000 in it. I'm starting to…
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Transfer to Group SIPP
Hi all, My brother-in-law is in a group pension scheme and his employer matches his contributions (lucky him). The boss at his firm has appointed an IFA to 'look after' the scheme. In ballpark terms he has approximately £50k in this pension and another £50k in a previous pension. The IFA has recommended to him that the…
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how to keep pension from previous employer
Hi, I have recently left employment where, after serving less than 2 years, I must transfer the pension to my new employer or recieve my contributions back. Decision has to be made within 2 months. OK so i would like to transfer, however my new employer requires me to be joined in their pension scheme for a 2 year period…
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Which pension scheme?
I have been offered the opportunity to join either the local government pension scheme or the social housing pension scheme. I have looked on their websites and they both seem more or less the same. Does anyone have any opinion on if one would be more beneficial to join than the other. I have no idea when it comes to…
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Sipp
What are the best ratios of types of investment typically in a sipp? For a med to high risk investor
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been mis-sold contracted out of serps pension
About 20 or so years ago .. I was railroaded into taking out a contracted out of serps pension ..let me explain i worked fulltime and had company pension .. but a financial advisor from a pension company kept phoning me .. even at work .. to take out a pension with them . she was given my number by a friend . this person…
