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investing my pension
What should I do with 130k lump sum?
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Does anyone know about Universities Superannuation Scheme?
Hi. I started work at a University last year. I was automatically signed up to their pension scheme which is USS (Universities Superannuation Scheme). Does anyone know this scheme and whether its any good? Ild rather have a SIPP and be in control of my pension, but with the USS, the university contributes 16% towards my…
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Pension advice
Anyone set up a private pension fund up? I have just started a new job and want to start saving up for my future, what the best private pension to use? Also is it possible to put in 100 pounds a month in each month.
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Worth starting a pension as a student?
Hi guys- I've been looking over these forums for a bit, and I'm just wondering if it's worth starting up a pension yet. I'm not working, and I'm a student, as the title says, and I wouldn't really be able to commit to more then £20/£30 a month. Whilst I know this isn't much, and wouldn't be suitable as a long term monthly…
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Potentially Exempt Transfers
Do the revenue assume that a gift (PET) from a joint account is given equally by each of the joint account holders or should the gift be made from a sole account? Also what documentation should kept to prove the gift for inheritance tax purposes?
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Annunity: preliminary take on
I apologise in advance if the subject of Annuities is unwelcome through repetition here. I have tried searching for previous threads on this topic but that yielded little. I have a meeting with an IFA in a couple of weeks, and would like to do some background research before then, which includes trying to discuss this with…
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Another Newbie Pension Question.
I have been paying into a pension for 25 years (due to end May next year) and have another old company pension. The company pension will pay out more then the other, is it possible to take the money from the one which is under performing and add it to the better one to increase its monthly value. We are not talking mega…
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Prudential Retirement Pack – advice needed, please.
Hi, I am looking for some help regarding my Prudential Pension Annuity. Forgive my naivety, but I am confused what to do for the best and would really appreciate some advice. Apologies if this is a little long-winded. I have received a, ‘Retirement Pack from the Pru’ (a month late). As far as I can make out there are four…
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Newbie pension qs
Hi Everyone Another newbie with no pension and no idea where to start :o We have a bit of an unusual setup so I'd love to get some advice here, and also consult a financial advisor in person in October. I'm a 29 year old funded PhD student, my partner is 33 and a freelance animator. He was a self-employed sole trader but…
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pesion actual growth
got a problem with a so called financial advisor being evasive and not answering question I need to find out actual growth of pension providers for each year since 2007 as my fund just drops all the time no matter how much I put in, when I transferred to him from standard life he was quoting growth rates of 25% were not…
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Tax liabilities when you rent out your property?
Hi all ( again)!! Further to my previous post ( Selling property and living off the proceeds) another option my father is considering is the following. Renting his current property to a family member and moving to the area of his choice and renting a property there for himself. Obviously he would be using the money he…
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Best way to handle this?
I contribute to my stakeholder pension at £100pm net which has always kept me just inside the limit to keep me on basic rate tax. My employer pays a separate amount of 13% of my salary. However a bonus payment this year takes me about £8K into higher rate tax so I am considering increasing my monthly contribution to aroud…
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Replacing the Administrator of a deceased's estate
In a nutshell, my husband's father died about 6 years ago without leaving a will. My husbands half brother is the administrator but 6 years on and there is still a property for sale. My husband believes that his half brother has mismanaged the estate as he believes the house could have been sold by now or even been rented…
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Selling Property...living off the proceeds!
Hi All, Probably the wrong forum but here's my question. My father ( 72) is just about to stop work and start relaxing. He is worried that he won't have enough income from his private and state pension to afford the reasonable lifestyle he is used to. He is considering selling his property ( worth roughly £180-200K) and…
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Probate question
Can someone advise me which is the correct forum to post this question? I dont see a forum category specifically for wills and probate, here goes:- I have the probate to act as executor for a relative who died intestate, I have the letters of administration etc., I have estableished that there is no libability for tax on…
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Change in Pension
Hi I have been informed that we have a new offer to my pension at work. They have explained the changes below: 1). You will have a contract change that reduces your salary by the amount of gross pension contribution you are currently paying. The contribution details with the deduction from your salary will be shown in the…
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MSE News: Personal pension contributions fall
This is the discussion thread for the following MSE News Story: "The number of people paying into personal pensions dropped sharply last year in the wake of the recession ..." Read the full story: Personal pension contributions fall
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Pensions for the Self Employed
Hi there, I've not posted for a long time but I do lurk in the forums and have had exellent help from you guys. I've been graduated from University for 5 years now, and at the tender age of 27, I am somewhat concerned that as a self employed sole trader, I have no pension. And, lets face it, by the time I come to reture,…
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Final Salary Pension - Tax Free Lump Sum
A friend is about to retire and as me which I think is better, since I retired last year (but I'm not sure I made the right decision). She is on a Final Salary pension where she can take up to 25% as a Tax Free Lump Sum. She is 55 yrs old, has no debts or mortgage, has no depends (children or partner) and has some savings…
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On the commission trail
Here's an interesting article on Investors Chronicle. Nothing we didn't already know, but some interesting comments. http://www.investorschronicle.co.uk/InvestmentGuides/Funds/article/20110907/3e3dab8a-d951-11e0-b3b8-00144f2af8e8/On-the-commission-trail.jsp# I'm looking at moving a trail-encumbered pension some time in the…
