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ni credits underpaid by dwp
hi, i am currently being messed about by dwp. they underpaid my ni credits. when i first called they said they had to request information from storage and that i should call back in 2 weeks. well i called back yesterday and they said they would call me this morning and didnt. i called them again just over 90 minutes ago…
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confused about personal pensions! i opted out of serps in the80s, now what do ido?
im tottaly confused about pensions, in the 80,s i opted out of SERPS and started a pension with Norwich union. this is now "ended". should i opt back into serps? A company- The cash saving company, has approached me for a "free" review, but im always suspicious of "cold callers". I realise that i have to do omething for…
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Understanding pensions
I've always paid into pensions all my working life and as I'm about to change jobs again, suspect I'll have yet another company pension to manage soon. As a result I really want to understand what pensions are all about so I can make my own decisions about the others that I have. Does anyone know of a good place or idiots…
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Should I take my pension now?
I have worked for the same company for 34 years paying in to a final salary scheme all that time, I have recently been part of a TUPE transfer to another company and therefore I won't be able to continue contributing to the final salary scheme any longer. My intention is to join their scheme however... I am 51 and could…
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Will making pension contribution before Dec 5 help?
I have read from various media sources (including FT) about the potential changes to pension contributions in UK. Pension contribution allowances could be reduced and/or the pension relief for higher rate tax payers could be reduced. Number of articles mentioned that making contribution before Dec 5th would help in…
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Trivial Commutation Tax Question
Hello I recently cashed in my retirement investment account using Trivial commutation to pay off some debts. I recieved a P45 with the cheque. As I am still working full time, do I need to hand the P45 to my employer for tax adjustment purposes or should I contact my local tax office?
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Pension Planning
Hi there, I'm after a bit of pensions advice. I note that most pension guides seem to mention that it's ok to leave pension planning aside in your 20s if you are saving up deposits for a house, etc. and mention that by the time you hit 30, you should really be putting money aside for your pension. I have a pension from my…
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State pension for non-employed housewife?
Hi, I am in full-time employment, my wife is a housewife but is not employed (but does have a very important job!). What I have tried (and failed) to find out via the official websites is how much I need to contribute to ensure that my wife receives the full state pension when we reach retirement age. I think I read that I…
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Annuity
Having taken out a pension many years ago, i forgot it was due to mature at age 55, that has now happened and although it is a small fund, i have two questions. A. Do i have to buy an annuity or can i take the cash lump sum and put the rest into an isa or some other savings scheme. B. Because the fund is only 35K i have…
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Lost and confused
My apologies if this has already been answered. i have searched and read so many pages here that my head is starting to spin and I getting more muddled. I am a British expat school teacher living in Singapore and soon to move to another country within SE Asia. I worked for Westminster City Council as a teacher from August…
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Guaranteed annuities when regular payments are ceased
I've been trying to make sense of an old With Profits Pension Plan that I took out with National Mutual in 1983. There's a Special Condition on the contract which states: "On the maturity date (in April 2035) the sum assured and attaching reversionary bonuses will be converted to an annuity at the rate of £158 per annum…
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Ayone heared of Key Personal Finance ??
Hello, I have had phonecalls from a company called Key Personal Finance, they want me to give them the details of my pensions and providers so they can check the Profitability. I can't find anything on t'internet. Does anyone know anything or have come accross them or even use them ? They have been calling me now for 9…
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More SIPP advice...
Hi I wanted to hear people's latest views on the best SIPP provider to go for as there are changes going on. Firstly I have held a big (for me) SIPP with a smallish provider for 5 years and all the gains have been swallowed by fees... returns haven't been great over that period and by the time I pay the annual fee, the 1%…
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transferring personal pension to a parent
is it possible to transfer my personal pension to one of my parents? I am 25 and have had my personal pension for roughly 7 years. Even if i am not recieving any money for it, can i move it to them? Any help greatly appreciated.
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growth rates
on my pension statement it shows two growth rates...lower (5%) and higher (9%)...with out sounding to daft...are they minimum and maximum estimates???
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Contracted out of SERPS - claim back higher rate tax?
I am in the process of pulling together OH and my pension details to try and make some sort of coherent strategy for the next 20 years. OH has been contracted out of SERPS for a few years, with payments being made into a private pension instead. This is showing additional payments due to tax relief, as would be expected.…
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Company savings accounts
I'm a freelancer working as a limited company, are there any special company schemes to aid me saving for retirement? Presumably I'm best off just finding a decent financial advisor?
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advice on my pensions
I am at a loss as to what to do. I have three final salary pensions two of which are frozen due to employment change. The two that are frozen have 5 years each of payments from wages into them one has just come through with a transfer balance of around £6k the other would be about the same. My current final salary pension…
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One for the IFAs - cash deposit fund
Hello chaps My dad has just hit 65 and I am trying to help him sort out his various pensions. He has just retired from his last job of 5 years or so and I have checked his pension there to find that all his contributions had been going into a deposit account for all that time. With fees this has been losing value each…
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pension advice please
hi guys and gals..!!! i've been looking on this site for quite a while and have had a good look around to try and find the answears to some questions i have about pensions but none have gave me what i'm lookig for....so here goes(please be gently with me) brief history im in a company pension..they changed the plan in jan…
