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Pension - Age Discrimination
Hi, Looking for some advice regarding age discrimination in my pension plan but for a young person rather than retirement age. I joined my company pension plan about 14 years ago at the age of 20. I had one payment option available which was to pay 2% contributions and have 6% company contributions. This was the only…
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Which SIPP Provider would you recommend?
I have around £90K sitting in two Standard Life pension schemes, both from ex-employers. Neither fund has had anything paid into it for at least 12 years. I'm convinced of the the benefits of moving these to a SIPP, where I can access a range of investments outside the SL portfolio. My priorities are low cost, good online…
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Personal Pension tax liability
Hello I am almost decided about cashing in my pension pot 4 years early at age 61. The pot's around £250k - mainly made up by 3 Aviva GAR policies which add up to about £234k. I assume it's worth taking the 25% tax-free portion but I am dithering about my pension options. Should I take the maximum possible (circa £19k…
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Contributing to a SIPP (previous years allowance)?
I understand you can 'carry forward' SIPP allowances into future years, but, is it ever possible to make a contribution to a SIPP but have it treated as a contribution for a previous tax year? I'm pretty sure the answer is no - I can't find anything about it to suggest otherwise. My income 2 years ago peaked a little bit…
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Employer "forgetting" to pay salary sacrifice pension
Hope somebody might have some advice for me on here, but 3 years ago my employer (huge global company) changed the pension scheme to salary sacrifice with a new provider. As it turns out, for some reason (as yet unknown, assumed admin error) they forgot to setup my pension and therefore have not being paying in. I have all…
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Lothbury Pension Administration?
Hi Has anybody come across the above company? Would appreciate any information if you have. thanks debra
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adding a pension fund to a mortage
I guess its not possible seeing as its not a pension mortgage , i just wondered as ive a mortgage with 14 years left and a paid up pension sitting twiddling its thumbs. (the mortgage is a nice cheap Tracker so i dont want to restart)Thanks , Pat
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Annual allowance to be cut?
You need to be signed up to read this but I wonder if this is really being considered by George Osborne for the Autumn Statement. http://www.ft.com/cms/s/0/81ad0c60-3325-11e2-aabc-00144feabdc0.html#axzz2CmnV9jL2
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Is it worth transferring pension accounts? Pls help.
Hello, I have 2 separate pension accounts and am debating whether or not to transfer one into the other. Both pensions were opened with my previous employer - they changed pension providers a few years ago which is why I have 2 different providers. I am planning to move the US next year (I'm a US citizen but have been…
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How do we trace a pension paid into over 20 years ago?
My husband paid into a pension over 20 years ago, whilst working for a company that no longer exists. Where do we start, if we decided to try and chase it up? He can't find any paperwork in regards to the company or the pension? Just a thought, thats all. Any info?
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claiming back minimal contribuitions to a company pension
hi all newby.and need a bit of advice i started a new job march 2011 and at the age of 57 was invited to join the company pension scheme which i did.it now transpires that after 20 months contributions i am up for redundancy.the question is can i claim my subs back around £700 as the chances of finding another job at my…
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Young Person Company Pension Advice
Hello, I've been working myself into an absolute tizz over pension schemes and other types of savings. This morning I decided to go for it and filled in the form and posted it - but since I've been indecisive again! My mum thinks I should pay in to one, Dad just came home and restated his opinion that they're a massive…
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Rate my pension funds
Hello all, I've just started a new company pension scheme through Scottish Widows. Here's the funds I've chosen (all with 0.25% AMC). Do you think it's balanced enough? SW SSgA International Equity Index Pension Fund 36% SW SSgA UK Equity Index Pension Fund 35% SW SSgA North America Equity Index Pension Fund 15% SW SSgA…
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RBS final Salary pension
HI there,I've got the above scheme from RBS from which I worked for from 1988-2005. The transfer value is £50,000 according to my last statement from 2010. I haven't had another statement since and Ive since heard alot of conflicting stories about whether I should keep it where it is or transfer into my current personal…
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Aviva's miscalculated loyalty bonus
Aviva's miscalculated loyalty bonus of £64.67 for a 20 year FSAVC on 12th September then recalculated on 3rd October to £1227.94, still inaccurate has caused considerable distress and alarm. As a direct consequence of the delay in processing and finalising the transfer value to Canada Life, this individual has a financial…
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Are pension providers covered by the FSCS?
Hi could someone tell me if pension providers are covered by the FS compensation scheme? I don't know if they fall under the heading of "institution" or not. And is it covered up to the full £85k?
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Changes to Travis Perkins Pension
My OH has worked for Travis Perkins for over 5 years and recently received some paperwork regarding changes to his pension. I am not very good at understanding these things but what I can gather is that if he transferred to the new scheme his contribution would increase from 3.5% to 8% and the employers contribution would…
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Can GMP be delayed
My wife has a deferred company pension with a reasonable GMP element. I know that by law the GMP is payable at aged 60 (even though state pension age is 66). The GMP is revalued each year at a fixed 7% which is great. Can she say at aged 60 that she does not want to take the GMP but delay it to age 66 and get another 6…
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How much is my impaired life worth?
I have a DC company pension. My plan pension age is 65. I could have taken a pension at age 55 but am thinking of taking it at 60. My question is, will any/all of the conditions below be taken into account when I get annuity quotes: Breast cancer 2006 still on medication Coeliacs disease High cholesterol, no medication…
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Has the flat rate pension been delayed or killed?
I notice that the DWP's state pension forecasting is now working again, with the previous message saying "ixnay 'cos it's all changing" now missing in action. Do peeps think they have delayed this for a rethink or if it's now doomed?
