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FAS/PPF Pension
I have a small pension coming from the FAS shortly, they tell me that only the part of this which was paid into after April 97 (about 3 years) will be indexed linked, the other 10-11 years not increasing. Is there a good reason for this? Also, is it possible to get a transfer value from the FAS to increase the value of my…
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Should I have a pension
Hi, It struck me earlier that I have ZERO pension, I have no private scheme and I doubt I will get any form of public pension (if there even is one by then!) I'm 30, company director and reasonably comfortable money-wise. So should I have a pension, if so where am I meant to start???
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Emergency pension transfer
Hi all, I have about £80k in a with profits pension and I'd like to transfer this out ASAP as a large proportion of it is a not guaranteed bonus and I don't want to run the risk of losing it. I'm looking to land it somewhere even temporarily while I get upto speed with the current pension situation and also I understand…
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Stakeholder Pension (with salary sacrifice) vs SIPP for extra cash
Hi I am currently paying into a stakeholder pension (Standard Life). My empolyer currently contributes 8% of my salary and I am allowed to contribute using salary sacrifice (so getting the NI benfits). All told this equates to about £400 a month going into the pot. While I am aware stakeholder pensions are probably not the…
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Redundancy looms! How do my figures stack up?
Hello Pretty lengthy post but if anyone with some financial nouse could persevere and offer an opinion, I would be so grateful. My husband is likely to be made redundant in March 2012. He will be 57 in February 2012 I will be 55 by then and having retired last year, I am not working. We are, I think, extremely fortunate…
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To defer or not to defer RAF Preserved Pension
I was 60 yo in May this year. I served 12 years in the RAF between 1969 and 1981. I have a preserved pension which I am now able to claim. £11,000 lump sum tax free + £4000 per year for life + 50% widows pension. If I take the pension now I will pay 40% tax on the annual £4000. I could use some of it to invest in my…
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To opt out or not??
Hi all Me and my little family are struggling...we're not at the point where we're behind on anything yet, but money is so tight it's bound to happen soon. I've reduced my outgoings/shopped around for the best deals on phone/broadband/insurances etc and my only real "non-essential" outgoing is my Local Government pension -…
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Alternative to funds.ft.com
Since the fund code search feature has been removed from funds.ft.com, can anyone recommend FOC fund (pension/UT/OEIC) pricing websites apart from morningstar and trustnet ? Thankyou for reading.
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New source of SIPP information
Hi I have mentioned this in another thread but thought it worth mentioning to other 'SIPP people' who might not see it buried away. For those of you interested in SIPPs I've found something which might be of use, I originally saw it in the FT at the weekend in an article on SIPP charges by their Adventurous Investor…
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Advice re:Transfer/Pension Release
I currently have approximately £18k in a pension which I am drawing down aproximately £1700 (net) per anum. I took 25% when I was 50 before it changed to 55. This will reduce to about £800 when I'm 56 according to the paperwork I get annually. I am 54 - 55 next July and I know it's probably unwise to draw down this cash…
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State pension and spouse
I am due to get my government pension next April, my wife who is 60 now, won't be eligible to claim in her own right till next November, due to pension age changes. Will I be able to claim for her when I retire or will I just get mine and have to wait till November for the married couples allowance. p.s. I have worked all…
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Work Pension
Hi Everyone, In my SIPP if I put more money in then the government put in money afterwards. So for example, if I have put in £80 then the goverment put in £20. Does the same thing happen with a work pension?
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Which personal pension?
Hi, I have recently started a new job and they do not offer a pension. I would like to open personal/stakeholder pension. Does anyone know of a good personal pension provider? I've seen Virgin offer a stakeholder pension but have read mixed reviews about this.. Thanks! Loz
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MSE News: Pension age rise bought forward
This is the discussion thread for the following MSE News Story: "The Government is to bring forward an increase in the state pension age to 67, says the pensions minister ..." Read the full story: Pension age rise bought forward
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Divorce - Transfer of share of spouse's pension
Hello, I am 46 and currently edging through the divorce process. I do not have a personal pension as been the chief family carer and not been in paid employment for years. Our current agreement (still pending Decree Nisi stage) includes 50% of husband's company pension which will be around £160k. I am told I need to have…
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Pension problem, help please
Hello folks, I have a bit of a problem with my works pension scheme and was looking for advice. I have been paying into a work save pension plan for a number of years, you know the type, where my work match the same amount i put in up to a certain amount. Anyhow, the pot in there has grown over the years quite considerably…
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Pay plus Pension?
I am still working passed retirement age, but am now thinking of working part-time doing the same job (it has changed somewhat with modern technology) for the same council, but draw my pension out with them that I have been paying into for the last 20 years to make up the money. This they are quite happy to arrange but…
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To SERPS or not to SERPS.
Here is the new thread as requested and I suppose the question is how would my pension be less if I had contributed to SERPS. Please discuss.
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Tory scum increase pension age - again!!
I knew this would happen! :mad: http://www.bbc.co.uk/news/business-14871063 I will now have to wait until 67 to claim my state pittance. Why this is necessary when we already have one of the lowest state pensions in Europe utterly baffles me.
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Am I paying enough in???
Having kittens here... Ok I left it rather late to start up a pension, I did look into these at 25 yr's old but clubs, pubs, parties etc etc got in the way next thing I know I was 34 and still pensionless, So after watching a tv show in Jan/Feb time this year about pensions and pensioners etc I realised I had to do…
