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Amanah Pension
Hi Guys Calling IFAs What is the cheapest place in IFA world to buy an Amanah HSBC pension. Is it possible to buy it less than 1 percent single total charge per year , Amc . cheers
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SIPPs that allow employer standing order contributions
Good evening all, My employer, who does not have offer a pension scheme, has said that I can pay into one of my own via salary sacrifice. However I have a problem as my current pension scheme will only allow contributions to be via a direct debit and my employer will only allow the contributions to be paid via a standing…
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Early retirement & the Dole (Or not)
As a follow up to this earlier post that I made I am receiving conflicting help (or not) on my future. I am told that even though I am taking early retirement I will have to sign on the dole and in 8 weeks I will be entitled to dole money but I will have to show that I am job hunting even though I dont want another job. I…
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Conventional Vs Fixed Term Annuity
I'm currently dealing with an IFA who is charging 1% of my pension fund (after Tax Free Lump Sums), He is recommending a fixed term Annuity of 5 or 10 years rather than a conventional lifetime annuity. I can see the advantages of this, circumstances may well change. I am currently 60 y.o. in good health and the fund value…
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ex employer buyback pension
I worked for ford motor company and have since left. I am 33, i paid into the pension scheme for 2 years so not much in it for for me. is it possible for them to buy me out of the pension scheme?
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Private pension cut
My wife who was made redundant in December began her state pension in February, she gets £160 per week. She also has a pension from her old company that paid £185 per month until March when it dropped to £135, there was no notification why. They also said next month it will decrease to £93.58? That is a massive chunk.…
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Why Is My Additional State Pension Quote Lower This Year
Received a SP statement this morning and noticed that the additional pension figure quoted is 5% lower than last year. Graduated has increased as expected by 5.2%. I am an early retiree so no longer making contributions. Is there a logical explanation of this or just another DWP error ?
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Company Pension - joining at 62
Hi There My husband is 62 and just started working for another company. He intends to retire in about 3 years time and has a final salary pension with British Rail which starts to be paid at age 60. The new employer has given him the option of joining their money-purchase pension scheme, he would contribute 3% and they…
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Aged 35 - I don't have a pension!
Hi, I'm 35 years old but I don't currently have any type of savings for retirement. My other half is a teacher so already has her pension arranged albeit controversially! Anyway, I'm not sure what the best thing to do is. Should I be getting a pension, ISA etc?!? I also don't know much about the different savings types so…
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Possible transfer of a deferred pension
Good evening I am looking for some clarification on what seems like a no brainer to me. My wife has a deferred pension from a previous employer which she is contemplating transferring to her local authority pension scheme. Roughly figures are as follows Deferred pension is worth at today's figures 4.5k pa The local…
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What is the cheapest way of moving a pension pot with an IFA?
I phoned up Clerical Medical to request a transfer of my circa £30k pot (old AVC scheme no longer linked to my employer) to my Skandia pension pot where I am more comfortable with circa £70K invested across a decent batch of funds of my choosing. I contribute several hundred pounds per month into the Skandia and intend to…
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Railway pension - Changing rail company!
Been with my current rail employer for 10 years therefore have 10 years service in my current pension. I have the opportunity to join another train company offering the the same railway pension scheme. Will this effect current pension or will it just be a matter of transferring current pension to new one.
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ALSTOM Pension increases for 2012/2013.
Information now provided.
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Pension merging - Do I do it? Is it worth it?
Hi all, I will just give you some background as to my situation then hopefully someone will be able to give me some advice. I have spoken to a pension adviser, but I am a little confused. I've just turned 29 and around 2 years ago changed jobs. My previous company had a private pension scheme, which I paid into for around…
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Going to make a will
Hi any advice would be appreciated,we are going to the solicitors on Monday to make our wills,we are married and have one son. The house is paid for EG 300K and various isa,s savings shares etc say 250K,any advice on what type of will we should be making, Thanks
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SIPP Experience
I have a local government pension scheme, now in limbo after I left local government three years ago. I would like to invest it in a SIPP. Anyone have any experience they are willing to share on how to go about this? Thank you. Paul
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Pension/Mortgage Plans
I'm 29 years old and through very large pension contributions since the age of 23, my pension pot is now at 1.4 times my salary. I'm a lower rate tax payer but my company do the Salary Sacrafice scheme, where they contribute their entire National Insurance savings back into the scheme. My thoughts at the time were,…
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How to validate State Pension Forecasts?
Hi there Is it possible to get state pension forecasts validated? In 2006 I got an estimate that worked out to 68% of the then current state pension. I have been fully employed since that date and have been contracted in in the whole time. I recently obtained a new estimate but this time, despite my payment record, the…
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Transfer or defer pension
HI Im looking for some advice on my pension. We've been TUPE'd across from one company to another during the first company I built up around 5 years of pensionable service, not that we've been TUPE'd I can either move my pension into the new company or leave it in the current one as a deferred pension where it will go up…
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happy days , my wife one of the last to get state pension at 60
My wife could have taken her state pension last september,but to save paying tax[as she was still working],she delayed it till this Aprils tax year and also leaves work on Monday.Because she does a manual type job I really feel sorry for those of you[particually women] who will have to work till 67.I mean she is quite worn…